The Minister of Economy and Industry Petăr Dilov stated that Bulgaria's accession to the Eurozone will certainly have a positive impact on the country's economy, business and citizens. According to him, on January 1, 2026, after the possible adoption of the euro, Bulgaria will be about 2 billion leva richer. Dilov stressed that the country will stop losing approximately 1 billion leva per year from converting leva to euros and vice versa. An increase in Bulgaria's credit rating is also expected.
The Minister pointed out that nearly half a million small and medium-sized enterprises in Bulgaria maintain accounts in two currencies - leva and euros. The elimination of this obligation will save companies around 100 euros per year. According to him, the state is ready with a protected mechanism for consumers to prevent speculation after the adoption of the single European currency.
Dilov announced that the latest data show a 3.1% annual increase in GDP compared to March last year, which places Bulgaria among the leading EU member states. He stated that the trend towards investment in high technologies in our country remains, as the country has very well-trained personnel in this field. Investments in the defense industry are also expected, especially in the context of EU financing programs in this sector.
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Regarding the impact of the customs tariffs imposed by the USA, the Minister announced that 64% of Bulgaria's exports are concentrated in EU member states, so we can expect only indirect effects from the restructuring of supply chains. He pointed out that the products that Bulgaria exports continue to be competitive, as other member states are also affected by the customs tariffs.
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