Is Bulgaria Secretly in the Eurozone? Unexpected Economic Realities

Bulgaria's De Facto Eurozone Membership: Economic Benefits and Implications Bulgaria, while not yet officially part of the Eurozone, is experiencing the economic realities of membership. This situation, highlighted in a recent video by TV_kanal_3, reveals a complex interplay of economic factors. The author points out that Bulgaria's lev has been pegged to the German mark since 1997, effectively linking its economy to the Eurozone. This has led to increased investment and tourism, according to the video's analysis. The video contrasts Bulgaria's experience with that of Croatia, which saw positive economic changes after formally joining the Eurozone. "For us, being in the Eurozone formally means only positives," the author states, emphasizing the perceived benefits. This de facto membership presents both opportunities and challenges for Bulgaria's economic future, warranting further investigation and discussion.