Sofia, May 15 (Metodi Yordanov of BTA) – Moving to the euro is the next logical next step for Bulgaria, Director of the Central Bank of Ireland and Head of Economics at the National University of Ireland, Galway, Professor Alan Ahearne, says in a BTA interview. Professor Ahearne argues that given that Bulgaria has had a rigid monetary regime for 18 years, that it is able to adjust and has gotten used to adjusting to shocks without the use of the exchange rate, by taking the next step and adopting the euro, Bulgaria should be able to enjoy some of the benefits arising from it. More…
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