Balgarianovinite.com Bulgaria’s forthcoming accession to the eurozone as of January 1 will have a particularly strong positive effect on the development of tourism along the Black Sea coast, one of Belgium’s most influential French-language daily newspapers, La Libre, reported on Monday. The publication underscores that Bulgarian seaside resorts are highly valued by European tourists and account for around 8% of the country’s gross domestic product.
Under the headline “The EU’s Poorest Country Abandons Its Currency in Favour of the Euro”, the newspaper presents assessments by Bulgarian observers who argue that the country needs at least one to two years of stable governance in order to truly feel the benefits of adopting the single European currency. It cites data from a Eurobarometer survey showing that 49% of Bulgarian citizens are not convinced that joining the eurozone is a positive step, with concerns most pronounced among people in smaller towns and rural areas. Among the main fears are a possible rise in inflation and ongoing political instability.
The article says that during the summer a protest movement called for preserving the lev, “at the initiative of far-right and pro-Russian parties that play on Bulgarians’ fears of rising prices.” It adds that several successive Bulgarian governments have worked toward introducing the euro as a way to stimulate the economy, deepen integration with Western Europe, and shield the country from Russian influence.
The piece points out that Bulgaria is facing serious challenges in the aftermath of protests that led to the fall of a government that had been in office for less than a year, as well as on the eve of new snap parliamentary elections – the eighth in the past five years. It quotes Boryana Dimitrova of the Alpha Research polling agency as saying that issues surrounding the euro’s introduction are likely to be exploited by politicians with anti-European views.
The article also recalls an assessment by European Central Bank President Christine Lagarde, who said that eurozone accession would provide Bulgaria with easier money transfers, lower financing costs and more stable prices. According to her, small and medium-sized enterprises would save around half a billion euros in fees, while any observed increase in prices would be short-lived.
At the same time, La Libre cites statistical data showing that food prices in Bulgaria rose by 5% year-on-year in November, twice the average level in the eurozone. It also notes a significantly higher increase in real estate prices, up 15.5%, nearly three times the growth seen in euro area countries. Belgian Press: Bulgaria’s Eurozone Accession to Boost Black Sea Tourism 2025 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2025-12-29 12:54:00 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law
