Bulgaria Prepares for the Euro: What Full Membership in the ECB Means

Bulgaria is about to enter a new phase in its financial integration with Europe. By joining the eurozone, the Bulgarian National Bank (BNB) will take its place among the most influential institutions in European finance. This shift raises key questions: how much influence will Bulgaria have on decisions affecting the continent, what costs are involved, and who will oversee Bulgarian banks under the new system?

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