Currencies

In recent weeks, thousands of Bulgarians have filled the streets of the capital, Sofia, protesting against the country’s accession to the Eurozone, which is due to take effect at the beginning of next year. Approved by the European Commission on 4 June after much stalling and negotiation, the decision has ignited a fierce public debate spanning fiscal policy and national identity. Demonstrators chanting ‘No Thank You to the Euro’ and denouncing ‘Euro-colonialism’ have tried to storm the parliament and set fire to the EU mission. Across the city, spray-painted slogans...