The European Central Bank and Bulgaria: Institutional Interactions and Challenges on The Road to The Eurozone Cover Image

Европейската централна банка и България: институционални взаимодействия и предизвикателства по пътя към Еврозоната
The European Central Bank and Bulgaria: Institutional Interactions and Challenges on The Road to The Eurozone

Author(s): Tsvetomila Kolarova
Subject(s): Politics / Political Sciences, Politics, Economy, Business Economy / Management, Economic policy, EU-Approach / EU-Accession / EU-Development, Financial Markets
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: ECB; Eurozone; Euro; Bulgaria; challenges
Summary/Abstract: The purpose of this report is to examine the main functions of the European Central Bank, as well as the changes that occur for the central bank of a country joining the Eurozone. The study also focuses on the challenges and risks facing Bulgaria in the adoption of the euro. The subject of the research is the analysis of institutional interactions and challenges on the path toward the Eurozone. The main tasks are related to reviewing the relevant literature, collecting information on the topic, examining the experience of other countries, and reviewing the activities of the ECB in similar situations. The thesis is that the challenges facing Bulgaria are similar to those encountered by other countries at the time of their accession.

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