Central Bank Chief: Bulgaria’s Eurozone Entry Will Boost Stability and Shield the Economy from Global Shocks

Bulgarian National Bank Governor Dimitar Radev described Bulgaria’s upcoming entry into the eurozone as both an economic and strategic step that will reinforce the country’s stability within Europe’s financial and institutional system. Speaking during the IMF’s European Department Policy Dialogue in Washington, Radev underlined that adopting the euro will make Bulgaria “more resilient to external shocks” and better positioned to contribute to Europe’s overall stability and strategic autonomy.

He noted that joining the eurozone should not be seen as an endpoint, but as the beginning of a phase that demands even greater responsibility....