The most important strategic advantage of introducing the euro is the possibility of a permanent decrease in the cost and stabilization of capital, of financing for businesses. This was stated for BTA by businessman and economist Nikolay Todorov, who was a guest at the presentation of the magazine LIK "Bulgarian Money" at the National Press Club of BTA in Troyan. Everything else is a derivative of this and is accompanying - reduced levels of interest rates on loans, from there the secondary increase in the possibility of longer-term financing, etc. This directly affects strategic business planning, the business climate and the development of the economy, he added.

The other benefits, such as the saved money for currency conversion, the possibility of inclusion in European supply chains, and increased credit of trust, meaning that besides our country, businesses are also accepted with greater trust, should not be underestimated.

Last but not least, Europe is our best strategic partner at the moment, accounting for about 60 percent of our foreign trade, he also said.

According to Todorov, the country categorically has not adequately prepared for the adoption of the euro and society needed a public debate in a qualitative way. "What was done was explained episodically, in technocratic frameworks, not in its entirety, but quite fragmentarily. This is an economic aspect that should have been mainly debated by economists and financiers, and not by historians, not by the military, nor by doctors or engineers. And the politicization of the problem, in fact, poisoned part of the real debate in society," he stated.

According to Todorov, the topic of currency change is a painful topic for the Bulgarian people, as it is not from today. "The memory of the greatest impoverishment of Bulgarians in their new history in the period 1995-1997 is still fresh, when the savings of Bulgarians simply melted away and the price was paid by the most socially poor," he pointed out. 

"In fact, what Bulgaria received after January 1st quite deservedly, is its rightful place in the core of the European Union - among the countries that are in Schengen, which have a common currency. If we go back in time, Vasil Levski's wish to be equal to other European nations came true," added Nikolay Todorov.