Financial Expert Warns of Currency Board Shift if Bulgaria Fails to Join Eurozone

Business

In a recent interview with Bulgarian National Radio, financial analyst Svetozar Gledachev warned that without Bulgaria 's entry into the eurozone , politicians may be tempted to push for a change regarding the currency board. Gledachev described the situation as similar to a roller coaster ride, where financial irresponsibility leads to increasing wages and borrowing, ultimately resulting in a shift away from the currency board. He emphasized that changing the currency board could be done with