Journal Socio-Economic Analyses
“ST. CYRIL AND ST. METHODIUS” UNIVERSITY OF VELIKO TARNOVO - UNIVERSITY PRESS

Bulgaria’s Accession to The Eurozone of The European Union


Authors:
Krum Ovcharov Embassy Of The Republic of Bulgaria

Pages: 147-155

Abstract:

Bulgaria’s accession to the EU requires efforts to be a full member. Full membership includes the presence of the internal market and participation in EMU as an essential element joining the ERM II. EMU represents a higher degree of economic integration requiring the introduction of the single currency. In recent years the state of the economies of the EU strongly influenced by global financial crisisFurthermore, it should consider the economic situation of EU countries that have not yet adopted EMU , among them Bulgaria . On the agenda is the implementation of the willingness of the country to adopt the euro as sole legal tender . However, this can only be done in the way of the steps go before that of the other member states of the eurozone.

Keywords:

Eurozone, European union, Economic and monetary union

Download


1402 downloads since 30.11.2016 г.
NA / Bulgaria / China / Cote D'Ivoire / Europe / France / Germany / Macedonia / Malta / Pakistan / Poland / Portugal / Russian Federation / Serbia / Sweden / Switzerland / Turkey / Ukraine / United Kingdom / United States
  • © ST. CYRIL AND ST. METHODIUS UNIVERSITY OF VELIKO TARNOVO 2016 - 2024