News for hackers. Stuff that matters.
Re:Bulgaria to join euro area on 1 January 2026 by coliveira on Tuesday July 08, 2025 @09:59PM (#44505672)
The Euro expansion is the mechanism the EU has to export inflation to other countries, similar to the way the US exports inflation with dollar trading across the world. When the easy expansion stops, this is when the debasement will start to occur. The US is already at this point, very soon the dollar will be less valuable as less trading is happening in USD.
Re:Bulgaria to join euro area on 1 January 2026 by oaiey on Wednesday July 09, 2025 @01:04AM (#44506474)
I think there are other motives otherwise Bulgaria would say, no thank you. IMHO, the primary motivation is to establish/strengthen the single market and the economic cohesion of the EU. That inflation is a side effect of this (and part of the stabilization) might be the case.
Re:Bulgaria to join euro area on 1 January 2026 by ingohelpinger on Wednesday July 09, 2025 @01:59AM (#44506735)
we want to say NO THANK YOU by holding a referendum, but they wont let us. xaxa