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Bulgaria to join euro area on 1 January 2026

(www.ecb.europa.eu)
256 points toomuchtodo | 3 comments | 09 Jul 25 00:44 UTC | HN request time: 0.001s | source
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ReptileMan ◴[09 Jul 25 06:18 UTC] No.44506825[source]▶
Probably a bad idea. The big economies of the eurozone have been in constant stagnation for the last 15 years. To me it seems that Bulgaria has jumped on Titanic on Qweenstown. I do hope that I am wrong, but those are the same people that made the plastic caps permanently attached to the bottles.
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decimalenough ◴[09 Jul 25 06:26 UTC] No.44506872[source]▶
Which is a bad idea because...?
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1. ReptileMan ◴[09 Jul 25 06:29 UTC] No.44506890[source]▶
>The big economies of the eurozone have been in constant stagnation for the last 15 years.

Eurozone doesn't know how to manage the economy successfully. The euro has been a failure. We went from somewhat parity with the US in 2006 to lagging quite behind them 20 years later.

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2. decimalenough ◴[09 Jul 25 06:33 UTC] No.44506918[source]▶
I was referring to the caps being attached to bottles part.

Also, a strong currency does not equate to a strong or well-managed economy. (Unless you're Donald Trump.)

3. wiseowise ◴[09 Jul 25 08:32 UTC] No.44507575[source]▶
> the Euro has been a failure

My bank account disagrees.