Balgarianovinite.com In an interview for BTA dedicated to LIK magazine’s issue entitled “Bulgarian Money”, product manager Antoni Peychev said here on Tuesday that the eurozone can be compared to a magnifying glass that reveals the positives and negatives of recent decades.
Peychev shared: “The analogy I can use is simple. As an empire, England has always valued sovereignty, whether common, legal, or monetary. England believed that this would help it navigate basic concepts such as inflation and more complex ones such as the rifts we have seen at the macroeconomic level over the past twenty years or so. At the moment, things in England are not particularly rosy from an economic standpoint. Many people are returning from there. For the first time this year, immigration in England is higher than the birth rate. This proves that monetary sovereignty is no panacea or silver bullet. The way to stabilize an economy is through proper, proactive, sound economic policies. Romania with its lei, just like England with the pound sterling, has been unable to cope with inflation or rising prices. There is huge erosion of incomes here, and as someone who travels frequently and observes, prices in Romania are not only rising faster but also more dramatically than in other European countries.”
The product manager stated that the way people and the state act in Romania is very different from that in Bulgaria. He said: “Romania has a 15% deficit. Just like the Romanian population, the Romanian government has been living on credit for the past 30 years. Whether this is good or bad, I cannot say, but in the last 3 to 6 months, at least 10 or 15 companies have asked me how they could move their business to Bulgaria. Obviously, there is great interest in a country with very favourable tax conditions.”
According to Peychev, many people in Romania want to switch to the euro not to be on a par with Bulgaria but to attract foreign investment.
In his words, there is hostility towards the euro in Bulgaria. “But this is not out of fear that we will lose our sovereignty or identity, but out of distrust of institutions, not only Bulgarian but also European. People do not believe that institutions can make not just the right decisions, but any decisions at all in a timely manner,” he argued.
Peychev was born in Stara Zagora, South Central Bulgaria. Studies law, works as a product manager. Lived in London for more than 15 years before moving to Bucharest, where he spent the last 3 years. Product Manager Compares Eurozone to Lens that Reveals Positives and Negatives 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-01-06 19:11:00 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
