00:01Nevena owns a bakery in Zofia, the capital of Bulgaria.
00:04She is certain that her country will adopt the euro on January 1st, 2026.
00:09I'm holding up.
00:11Although it will be difficult, I don't say it will be difficult,
00:14especially for a small business as mine.
00:18Nevena's biggest fears are rising prices and speculation.
00:22In Bulgaria, every change lies in the economy.
00:28There is an uncertainty.
00:30For me, it will be 40 families.
00:35According to a survey conducted in February by polling agency MIARA,
00:3925,7% of Bulgarians support the adoption of the euro next year.
00:4430,8% are in favor of the euro, but want the change to come later.
00:49And 41,4% oppose replacing Bulgaria's currency, the LEV, altogether.
00:55These figures have remained almost completely unchanged in recent years.
00:59This is an old society.
01:00This society is traditionally fighting from the old.
01:03It is also called nostalgia to the expected times of national power.
01:10The third major reason is fear of price hikes.
01:13We picked up on these sentiments at the metro station called European Union in Zofia.
01:19In the future, I'm against.
01:21I won't be ready yet.
01:22There will be 100% higher inflation.
01:24I'm against.
01:25We actually don't want.
01:26We have a good flag, Bulgarian, good money.
01:28I'm against.
01:29I've lived a lot in Germany.
01:31I've lived there, as the brand is changed, with euro.
01:34Everything is half an hour.
01:36The prices continue to grow.
01:38So no one can tell me the promises from 1100 to 1100,
01:41how good it would be to be.
01:43Skepticism is further fueled by fake news and the far right.
01:48They want a referendum on the euro, a proposal the Bulgarian parliament has rejected.
01:53At the end of February, one far right party organized a protest where red paint,
01:58Molotov cocktails and eggs were thrown at the European Commission's representation office in Zofia.
02:04But are these fears justified?
02:07We asked to Georgi Ganev, economist at the Center for Liberal Strategies in Zofia.
02:12As a Parisian regime, Bulgaria is ready for 1 July 1997.
02:19Because Bulgarian LEF is a representative of the German brand,
02:24which is after the euro.
02:27Today, Bulgarian interest rates already reflect what's happening in the eurozone.
02:32There is no reason to expect some serious inflation because of the euro.
02:38Because of the other, our other things.
02:41Because of which it would have happened without it.
02:43Bulgarian deposits will become much more safe.
02:47For the moment Bulgaria meets all the criteria for joining the eurozone.
02:50The European Commission's decision is expected this summer.
02:53Novena is ready for a yes.
02:57That speaks Nobel Peace, Enosis and Recon.
03:00Incense Albanians – the Cadent hrps community created byIGHLPA
03:15and Guatemala Cro·letal International Western Asia.
03:18Are you living in the eurozone?
03:20For our lifetime of sleep, we would see me everyday.
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