Bulgaria must enter the euro area, but at the right time. At the moment, changes are under way in the currency block, with the euro area not ready to accept new members. This is what financial analyst Pavel Bandilov said in the show “The World Is Business” with Ivaylo Lakov on Bloomberg TV Bulgaria.
The financial analyst also commented on Britain’s exit from the EU. If Britain leaves the EU, it is likely that the Union will undergo a change and a new economic paradigm will be needed.
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