Radev Raises Concerns Over Bulgaria's Euro Adoption: Price Shocks and Social Safety Nets

Bulgaria's President Rumen Radev recently expressed concerns about the potential economic impact of adopting the euro. During a press conference, he highlighted the risk of price increases and the lack of adequate social safety nets to protect vulnerable citizens. "The risk of social stratification is evident," Radev stated, emphasizing the need for immediate action rather than waiting until after the euro's adoption. Radev's comments underscore the anxieties of many Bulgarians about the transition to the euro, particularly given the country's relatively low economic standing within the European Union. His call for measures to mitigate potential price shocks highlights the importance of preparedness and social support during such economic changes. The video clip of his statement, circulating on social media, has generated considerable discussion, underscoring the public's interest in this critical issue.