Bulgaria’s Euro Transition Adds 0.3-0.4% to Inflation, Says BNB Governor

Government

The introduction of the euro in Bulgaria is unfolding in line with expectations, according to Bulgarian National Bank Governor Dimitar Radev, who spoke at an economic forum in Sofia hosted by The Economist magazine. Radev noted that 85% of lev banknotes and coins have already been removed from circulation, replaced by more than 7 billion euros. He referenced preliminary data from the National Statistical Institute and Eurostat, which show that Bulgaria ’s annual inflation in January reached

Tag-uri: Inflatie

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