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Dobri Mitrev: The euro will not be the reason for price increases

On January 1, we will wake up neither richer nor poorer. This depends on the entire industry. The euro is an opportunity, the faster we take advantage of it, the faster we will have growth

Jun 5, 2025 19:28 163

Dobri Mitrev: The euro will not be the reason for price increases  - 1

On January 1, we will wake up neither richer nor poorer. This depends on the entire industry. The euro is an opportunity, the faster we take advantage of it, the faster we will have growth. This was stated by the Chairman of the Bulgarian Industrial Chamber (BIC) Dobri Mitrev in the program “The Day Live“ on Nova News.

I believe that on July 8, we will have a set date for entering the eurozone. We meet all technical, economic and legal criteria. From here, we should make targeted reforms, he pointed out.

According to Mitrev, the formula is a prosperous Bulgaria – prosperous society.

The BIA chairman emphasized that it is extremely important to have a stable government, a regular cabinet that makes adequate decisions. “Bulgaria could have applied for a long time, but because of the frequent elections, this did not happen. We employers must bring enterprises and people across the shore where prosperity is. Incomes depend on what the economy produces. If it grows, incomes will also increase“.

He admitted that there may be a slight increase in inflation.

Dobri Mitrev is categorical that any currency does not affect any price and gave an example: “People are currently investing in real estate and I expect this to continue. Vacations are coming, that is, spending money. It is normal for prices to rise, due to supply and demand. However, this is short-term inflation with a short-term effect. "When there is an increase in income, there will inevitably be inflation. Incomes are constantly rising. The euro is not the reason for the increase in prices," he stressed.