Virus impact will make Bulgaria keener to adopt euro
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Significance The country’s successful two-month lockdown ended on May 13. Bulgaria has raised its debt ceiling fivefold for this year and plans to sell debt on international markets, expecting the budget to swing from balance to a 3% of GDP deficit. Impacts The 14-day quarantine at the Greek and Serbian borders will end for business and other travellers from June 1 and for tourists from June 15. Many Bulgarians approve the government’s crisis management, few attending the anti-lockdown protest organised by a fringe party on May 14. The crisis is likely to prompt a reform in the way Bulgaria’s healthcare system is financed.