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A Bulgarian Nation Divided Over Euro Adoption

The divided Bulgarian nation is starkly reflected in the latest survey results from Tavex, a leading online retailer. The large-scale online survey, which involved thousands of participants, aimed to gauge public sentiment regarding Bulgaria’s potential entry into the eurozone on January 1, 2026. The findings of this research are striking, with nearly two-thirds of respondents expressing opposition to the proposed timeline for euro adoption. The survey asked respondents whether they would like the euro to replace the lev as the national currency from January 1, 2026. The results were stark, with 24% of respondents expressing a positive opinion, while 73% expressed opposition to the proposed timeline. This level of opposition is concerning, as it suggests that a significant portion of the Bulgarian population is not in favor of the euro. To gain a better understanding of the Bulgarian public’s stance on euro adoption, Tavex also asked respondents when they believe the country should join the eurozone. The results were telling, with 21% of respondents supporting accession “as soon as possible,” while 29% said they would prefer the country to join once it reaches the average European income level. Notably, 47% of participants stated that Bulgaria should “NEVER” adopt the euro. These findings highlight a consistent level of opposition to the euro, with around 20% of respondents expressing support and around 50% of respondents opposing the idea outright. The survey also revealed that a significant portion of respondents believe that the country should not adopt the euro, with 47% stating that Bulgaria should “NEVER” adopt the euro. The survey results can be contrasted with the findings of a national representative survey conducted in late January by the Measure agency. That poll showed 39% of respondents were “in principle IN FAVOR” joining the eurozone, while 57% were “in principle AGAINST.” The difference in results is partly due to the varying phrasing of the questions and the differing demographics of the survey samples. The survey was published against the backdrop of increased global economic uncertainty. Concerns over a potential trade war, market instability, and a significant decline in the US dollar have all contributed to nervous sentiment. Meanwhile, gold prices have experienced notable volatility, with prices dropping to around $1,200 per ounce in early April before recovering part of its losses. The survey results also provide insight into the factors that influence the Bulgarian public’s stance on euro adoption. For example, the survey found that a significant portion of respondents were concerned about the potential impact of euro adoption on the Bulgarian economy. These concerns are valid, as the adoption of the euro could have significant implications for the country’s economic growth and stability. In conclusion, the survey results from Tavex provide a snapshot of the Bulgarian nation’s stance on euro adoption. The findings are striking, with a significant portion of respondents expressing opposition to the euro. The survey also highlights the complexities of the issue, with a range of factors influencing the public’s opinion. Ultimately, the decision to adopt the euro is a complex one that requires careful consideration of the potential implications for the Bulgarian economy. Definitions:
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Eurozone

: The European Union’s (EU) single currency area, where 19 of the 27 member states have adopted the euro as their official currency. *

Euro adoption

: The process of a country adopting the euro as its official currency. *

Lev

: The official currency of Bulgaria. Tables:

Question Yes/No/Undecided
Would you like the euro to replace the lev as the national currency from January 1, 2026? 24%
When do you believe Bulgaria should join the eurozone? 21%
Should Bulgaria adopt the euro? 20%
Should Bulgaria adopt the euro? 50%

Highlights:
* 24% of respondents expressed a positive opinion towards euro adoption. * 73% of respondents expressed opposition to the proposed timeline for euro adoption. * 47% of participants stated that Bulgaria should “NEVER” adopt the euro. * 20% of respondents expressed support for euro adoption. * 50% of respondents opposed euro adoption. Quotations:
“Bulgaria should never adopt the euro.” – 47% of respondents
Definitions:
*

Eurozone

: The European Union’s (EU) single currency area, where 19 of the 27 member states have adopted the euro as their official currency.

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