Adopting the euro will not generate inflationary impulses above the health levels, but that does not mean that prices will remain unchanged. This is a process of real convergence, which means bringing both incomes and prices closer to the average in Europe. BNB Governor Dimitar Radev said on BNT, reports Dnevnik.
He explained that there will be clarity about Bulgaria’s eventual accession to the European banking union and the adoption of the euro will be at the end of July. Radev said that at the end of February the stress tests of the six largest Bulgarian banks will start. The …read more
Source: Novinite
