Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgarians will grow poorer once the country enters the Eurozone, Prof. Steve Hanke says

Prof. Steve Hanke
Photo: BGNES, archive

World-famous economist Prof. Steve Hanke, who introduced the currency board in this country said, in an interview with bTV, that Bulgaria’s accession to the Eurozone will raise the risk of higher inflation.

Prof. Hanke also criticized the way in which the adoption of the euro is being analyzed and pointed out that it was a political decision, adding that that was the old approach by the Borissov government which wanted to do it in secret. Prof. Hanke said further that there has been no cost-benefit analysis of the adoption of the euro for society and for the economy, adding that such an analysis has to be done by the Bulgarian National Bank and the Ministry of Finance. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Radostin Vasilev

MECH are threatening with blockades and protests if their parliamentary group is not recognized

If there is no parliamentary group of the ''Morality, Unity, Honor'' party (MECH) on March 26, we will start blockades, said MECH leader Radostin Vassilev at a press conference. He demanded the resignation of National Assembly Speaker Natalia..

published on 3/21/25 12:04 PM

The construction of the Shipka tunnel may begin by the end of 2025

Another major infrastructure project in Bulgaria is moving forward. The technical project for the construction of the tunnel under Mount Shipka will be ready this year. If approved, the construction of the facility will begin as early as 2025,..

published on 3/21/25 11:39 AM
Infographic by Research Center Trend

Trend Survey: Half of Bulgarians prefer the current government over new elections

Nearly half of Bulgarians prefer the cabinet to continue governing over the alternative of new elections. However, the majority does not believe that Rosen Zhelyazkov’s cabinet will complete a full term, indicates data of a representative survey..

published on 3/21/25 9:23 AM