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Bulgaria: Economic Impacts of Exchange Rate Mechanism II and Banking Union Participation

Author

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  • Dimitar Chobanov

    (Institute of Economics and Politics, University of National and World Economy, Bulgaria)

Abstract

The purpose of this article is to identify the benefits, costs, and risks of Bulgaria’s accession to the Exchange Rate Mechanism II and the European Banking Union. A descriptive approach is applied. The main findings are that there are costs and risks that are not thoroughly discussed or are underestimated implying that the net impact on Bulgaria’s economy is not definitely positive.

Suggested Citation

  • Dimitar Chobanov, 2020. "Bulgaria: Economic Impacts of Exchange Rate Mechanism II and Banking Union Participation," Finance, Accounting and Business Analysis, University of National and World Economy, Institute for Economics and Politics, vol. 2(2), pages 127-132, July.
  • Handle: RePEc:aan:journl:v:2:y:2020:i:2:p:127-132
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