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Bulgaria to Adopt the Euro

euronews.com

51–56 of 56 posts

Re: Bulgaria to Adopt the Euro

#51
post #47

Earlier quoted context omitted.

It’s not, it’s a couple hundred people and it’s mostly old folks that are 60+, as they’re easy to be riled up due to them longing for russian occupation. Also a referendum on the topic was ruled illegal, because it’ll violate the EU accession, where EU adoption is mandatory when criteria are met. Also it’s too late now, it all depends on two votes on the 8th of July by the ministers of finance and the EU parliament.…

It is legal to do referendum about entering EU, but illegal to do referendum about leaving EU? It sounds quite totalitarian.

It’s legal to do a referendum about leaving the EU, but no one wants that and it’d be a political suicide to suggest it.

Alt right politicians mostly want a referendum against the euro specifically, so that they can get points when the main parties can’t deliver it, they don’t want to exit the EU.

Re: Bulgaria to Adopt the Euro

#52
post #25

Croatia had kuna pegged to Euro, replaced it with euro in 2023 and prices of almost everything went up. Why Bulgaria's government is working against it's people?

Thé bulgarian leva has a fixes rate against euro for years. To me prices will not change. But we will see.

Re: Bulgaria to Adopt the Euro

#53
post #25

Croatia had kuna pegged to Euro, replaced it with euro in 2023 and prices of almost everything went up. Why Bulgaria's government is working against it's people?

Slovakia did it in a smart way. All kinds of laws that mandated showing prices in both currencies for a very long transitionary period, disallowing increasing the price when euro kicks in or with weeks of transitionary period end. It can be done with a functional parliament

Re: Bulgaria to Adopt the Euro

#54
post #47

Earlier quoted context omitted.

It is legal to do referendum about entering EU, but illegal to do referendum about leaving EU? It sounds quite totalitarian.

It’s legal to do a referendum about leaving the EU, but no one wants that and it’d be a political suicide to suggest it. Alt right politicians mostly want a referendum against the euro specifically, so that they can get points when the main parties can’t deliver it, they don’t want to exit the EU.

So called "alt right" and similar labelling is common for those who are scared of these ideas and not willing to listen true reasons.

We have demonstrations about every month for calls to reform EU structures or leave EU in current bureaucratic form.

Re: Bulgaria to Adopt the Euro

#55
post #53
post #25

Croatia had kuna pegged to Euro, replaced it with euro in 2023 and prices of almost everything went up. Why Bulgaria's government is working against it's people?

Slovakia did it in a smart way. All kinds of laws that mandated showing prices in both currencies for a very long transitionary period, disallowing increasing the price when euro kicks in or with weeks of transitionary period end. It can be done with a functional parliament

Why Slovakia is so expensive?

Re: Bulgaria to Adopt the Euro

#56
post #10

Great, another chronically bankrupt country that Germany has to stand bail for.

another country to keep euro artificially low for german exports to thrive (though they don't so much lately)

And who benefits from an undervalued currency? Certainly not the German populace.
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