Economic Expert Highlights Key Hurdles for Bulgaria’s Euro Transition

Iliya Lingorski, a member of the Bulgarian National Bank's (BNB) Governing Board, highlighted the significant logistical challenges of adopting the euro in Bulgaria during a public lecture at the University of Economics in Varna. According to Lingorski, the introduction of the euro involves much more than just currency exchange; it also requires extensive adjustments across all systems, software, and infrastructure.

Lingorski, who also teaches economics at Sofia University, stated that he was expressing his personal opinion, especially in light of President Radev’s recent proposal for a national referendum on the euro....