Bulgarian Economist Warns Euro Adoption Could Sink Bulgaria Faster Than Greece

Bulgarian economist Viktor Papazov, a Harvard graduate and one of the founders of the Bulgarian Stock Exchange and the Central Depository, has delivered a stark warning about Bulgaria’s adoption of the euro. Speaking to Bulgarian National Radio, Papazov described the move as a strategic decision that amounts to surrendering national sovereignty.

“This is the first step toward the ultimate downfall of Bulgaria,” he said, stressing the risks of joining the eurozone at this stage....