The European Central Bank appears set to raise interest rates on June 11. Policymakers’ statements suggest this, markets expect it, and the ECB’s economic analysis...
On 1 January 2026, Bulgaria adopted the euro, completing a process that began in the late 1990s, when the currency board effectively pegged the lev...
On New Year’s Day, Bulgaria becomes the 21st country to join the euro currency union, furthering its integration into the European Union. But the historic milestone...
Europe has high hopes for the “digital euro” now in development. Cash has long served as the ultimate anchor for commercial bank deposits – direct...
For Bulgaria, the euro is the final stage in the long-term goal of integration into the single European financial area. The currency board system was introduced...
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