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Datsov: Without a policy to achieve Bulgaria's goals, there is no way we can accept the euro

we diverge significantly from the inflation standard, said the financier

Jun 29, 2024 06:15 68

Datsov: Without a policy to achieve Bulgaria's goals, there is no way we can accept the euro  - 1

An important emphasis that should be paid attention to in the ECB's report on readiness of Bulgaria to enter the Eurozone, is that we do not meet the inflation standard and diverge by a significant amount. This is about 30% of the reference value that we do not achieve. We will probably fulfill this criteria by the end of autumn, but this is subject to many conditions.

This is what financier Lubomir Datsov told NOVA NEWS.

Without political will and policies, there is no way to overcome inflation in order to accept the euro, the expert also pointed out. Datsov said that it is reasonable for the country to enter the Eurozone from January 1, 2026

In his words, failure to meet the criteria is a political failure.

The expert said that even now the euro functions in Bulgaria through leva.

CPC found incompatibility with the deputy governor of the BNB Andrey Gyurov. He: The decision is illegal

According to him, the main problem in the country is the loss of competitiveness.