Bulgaria’s President Rossen Plevneliev said his country will adopt the euro as its currency in the future, Die Welt reported, citing an interview.
The euro must survive and the expansion of democracy in eastern Europe must continue, the newspaper cited Plevneliev as saying. The “right recipe” for Europe is fiscal discipline and structural reforms for more competitiveness and growth, he told Die Welt, adding that Bulgaria’s budget deficit is likely to fall below 1.6 percent of gross domestic product this year.
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