Bulgaria bids farewell to lev currency, awaits euro adoption amid inflation concerns

Bulgaria will formally undertake the euro as its forex beginning on January 1, abandoning the lev, which it has used for the reason that late nineteenth century. The transfer is unpopular with virtually half the nation’s inhabitants over fears it might spark increased inflation, one thing that mistrusted authorities have been making an attempt to downplay. Additionally on this version: a central district of Budapest bans short-term leases beginning this January in a bid to repair a housing disaster.



Source link