Politics of the European Union

As Bulgaria steers towards adopting the euro, economists dispel concerns over potential price increases, assuring the public that the impact on inflation will be minimal. Renowned economists, including Petar Ganev and Preslav Raykov, have weighed in on the matter, emphasizing the stability and positive prospects associated with the currency transition.

In a proactive move towards preparing Bulgarian citizens and businesses for the adoption of the euro, the Ministry of Finance has unveiled a comprehensive information website dedicated to the impending transition. Еврото.бг, the newly launched platform, aims to furnish users with reliable and timely updates on all facets of Bulgaria's integration into the Eurozone.

Bulgaria's strides towards adopting the euro have garnered recognition and praise from the eurozone countries. A statement issued at the recent summit of eurozone nations commended Bulgaria's efforts on the path to euro adoption and urged continued commitment until all convergence criteria are met.

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In anticipation of the upcoming elections for members of the European Parliament (MEPs) from Bulgaria, scheduled for June 9 this year, the Central Election Commission (CEC) has unveiled a crucial update to voting regulations.

Speaking at a briefing following a meeting with Croatian Central Bank Governor Boris Vujcic, Bulgarian National Bank (BNB) Governor Dimitar Radev highlighted the significant costs associated with delaying entry into the eurozone.

In a significant step towards Eurozone integration, Bulgaria asserts its readiness to join the currency union without relying on exceptions, according to statements made by officials in Brussels. Petar Chobanov, Deputy Governor of the Bulgarian National Bank, emphasized Bulgaria's commitment to meeting the criteria for Eurozone membership during a conference organized by MEP Emil Radev.

Bulgaria officially launches its campaign for Eurozone entry with the rallying motto "Unity is strength" (Единството е сила). The campaign, unveiled at a special press conference, features a logo created by young artist Georgi Georgiev, seamlessly incorporating symbols of the euro and the Bulgarian tricolor.

The new study of The European Council on Foreign Relations (ECFR) is based on a survey of public opinion conducted by YouGov, Datapraxis, and Norstat in nine EU member states (Denmark, Estonia, France, Germany, Italy, Poland, Portugal, Romania, and Spain) and two non-EU states (the United Kingdom and Switzerland).

Reports from Politico suggest Hungary may lift its blockade on EU assistance to Ukraine, marking a potential breakthrough ahead of the special European Council meeting on February 1 in Brussels.