In an exclusive interview on BTV's "Face to Face" show, Economic Minister Petar Dilov revealed categorical arguments in support of Bulgaria's entry into the Eurozone. According to him, statistical data unequivocally confirm the positive economic effects of such a step.
The key advantages include a significant improvement in the country's credit rating and elimination of annual currency conversion costs, amounting to nearly one billion leva. Dilov emphasized that small and medium enterprises will be the main beneficiaries, with their trade opportunities drastically expanding.
The minister dismissed concerns about citizens becoming impoverished, predicting exactly the opposite - an increase in well-being. He pointed out that Eurozone countries are distinguished by a higher standard of living and are extremely attractive to foreign investors.
In the context of macroeconomic indicators, Bulgaria demonstrates exceptional fiscal discipline and the second-lowest external debt among European countries. Economic growth of 3.1% annually and an increase in direct foreign investments by 27% since the beginning of the year further reinforce the optimistic perspective.
Through joining the Eurozone, according to Dilov, Bulgaria will achieve not just economic integration, but a qualitative leap in its development and international competitiveness.