Official Eurozation of Bulgaria: Pluses and Minuses

Nikolay Nenovsky and Kalin Hristov

Economic Studies journal, 2001, issue 1, 64-80

Abstract: The paper generalizes benefits and costs of potential official euroisation of Bulgarian economy in the process of accession to European Union and European Monetary Union. Since Bulgarian has a currency board the paper emphasizes on the comparison of current monetary regime and official euroisation. We present arguments in favor of the statement that European common currency have to be introduced on the Balkans and in Bulgaria, which will help Euro to take strategic advantage in the future new geography of money.

Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:bas:econst:y:2001:i:1:p:64-80

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