Re:Bulgaria to join euro area on 1 January 2026
by bapak on Tuesday July 08, 2025 @10:07PM
(#44505724)
I don’t think those two are comparable economies to Bulgaria 20 years ago.
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Re:Bulgaria to join euro area on 1 January 2026
by dotancohen on Tuesday July 08, 2025 @11:10PM
(#44506037)
Thinking about it, the comparison really isn't that bad. West Germany had just reunited with the East, and France was definitely on a similar upward trajectory as Bulgaria is today.
Re:Bulgaria to join euro area on 1 January 2026
by bapak on Tuesday July 08, 2025 @11:16PM
(#44506058)
When the EU was formed, its members' economies were comparable.
The lev was pegged to the euro in 1999, Bulgaria was roughly 80% poorer than the EU leaders
(I'm using PPP figures from ChatGPT to make these comparisons, I don't know if I'm making any sense)
Re:Bulgaria to join euro area on 1 January 2026
by dotancohen on Wednesday July 09, 2025 @09:50AM
(#44510043)
That supports my argument.