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A comment on Bulgaria to join euro area on 1 January 2026. Parent comment

Re:Bulgaria to join euro area on 1 January 2026 by nine_k on Tuesday July 08, 2025 @11:38PM (#44506137)
Wasn't the lev pinned to euro for years, at the stable rate of 1 lev = 0.5 euro? Why the switching to euro would affect inflation much?
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Re:Bulgaria to join euro area on 1 January 2026 by decimalenough on Wednesday July 09, 2025 @12:15AM (#44506293)
It's pinned at 1.95583 to the euro, not 2. If a merchant has a product that sells for 2 lev today, and they sell it for 1 euro tomorrow, they just increased the price by a bit over 2%.
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Re:Bulgaria to join euro area on 1 January 2026 by avtolik on Wednesday July 09, 2025 @04:10AM (#44507426)
No, in your example this will be a reduction of the price.
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