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Сентябрь
2024

Is Bulgaria’s Lev a Burden? Analysts Weigh in on Eurozone Integration

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Bulgaria spends approximately a billion leva (half a billion euros) annually due to its decision to maintain its own currency, according to financial consultant Deyan Vassilev. On Nova TV, he noted that the currency exchange alone costs the country around 500 million leva each year, highlighting that this inconvenience hinders Bulgaria's integration within the European market. Vassilev described the Bulgarian lev as a "luxury" that the nation cannot afford.

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