A longer stay in ERM-2 can be an advantage for Bulgaria Cover Image

По-дългият престой в ERM-2 може да бъде предимство за България
A longer stay in ERM-2 can be an advantage for Bulgaria

Author(s): Martin Dimitrov
Subject(s): Politics / Political Sciences, Politics, Economy, National Economy, Economic policy, EU-Accession / EU-DEvelopment
Published by: Висше училище по сигурност и икономика (ВУСИ)
Keywords: ERM-2; adoption of the euro; positive and negative effects

Summary/Abstract: This analysis identifies 10 fields of positive effects in result of the adoption of the euro and five grounds of prospective issues. The author goes to the conclusion that 2/3 of potential benefits can be explored at least partially with the accession to ERM-2. Respectively, predicted negative effects have no or modest pro-liferation at ERM-2. In such circumstances, it turns out that it may be a strategic solution for countries such as Bulgaria and Croatia to anticipate a longer stay in ERM-2 considering future developments with global pandemic of Covid-19 and ex-pected debt and budget deficit issues.

  • Issue Year: VI/2020
  • Issue No: 1
  • Page Range: 327-344
  • Page Count: 18
  • Language: Bulgarian