Who Will Guard Bulgaria’s Gold and Reserves After the Euro? - Novinite.com - Sofia News Agency

Who Will Guard Bulgaria’s Gold and Reserves After the Euro? - Novinite.com - Sofia News Agency

In Bulgaria, the adoption of the euro will bring changes not only to cash circulation, prices, wages, and banking, but also to the management of the country’s “national treasure” - the foreign currency and gold reserves held by the Bulgarian National Bank (BNB). These reserves, often seen as a measure of economic strength and stability, naturally raise questions ahead of the euro transition: will Bulgaria lose its reserves? Could the government …