Country Focus - Bulgaria: Key notes from our recent trip to Sofia: December 10-11 | Eurobank
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Country Focus - Bulgaria: Key notes from our recent trip to Sofia: December 10-11

Earlier this month, we traveled to Sofia where we met with high-level officials from the BNB, the Finance Ministry, the IMF and the World Bank as well as market participants from the domestic financial sector. Part I of the present note attempts to offer our readers a cohesive overview of current conditions in the domestic economy and markets and the outlook ahead. Part II provides an update on issues related to the sustainability of the Currency Board Arrangement (CBA) as well as the opportunities and challenges facing Bulgaria in its road towards euro adoption.