Rossitsa Rangelova
Papers of BAS. Humanities and Social Sciences
Vol. 11, 2024, No. 1
The economic integration of Bulgaria in the European Union
Rossitsa Rangelova
Abstract. Bulgaria is a member of the European Union (EU) and the country has been making efforts to successfully integrate in it. The article presents the contributions of scientists engaged in research activities on two projects developed at the Economic Research Institute at the Bulgarian Academy of Sciences and related to the topic of Bulgaria’s fuller economic integration in the EU, namely: (a) economic growth and convergence in the EU, and (b) the Eurozone and Bulgaria’s accession to it. In connec- tion with the second issue, two main topics are considered: (a) what the Eurozone is and how it is developing, and (b) what advantages and risks there are for Bulgaria joining the Eurozone, given the country’s level of economic development and preparedness for membership. The need for changes in the economic policies of both the Eurozone and Bulgaria, which would strengthen and support their development, is substantiated.
Keywords: economic integration, economic growth in the ЕU, nominal and real convergence, Eurozone, Bulgaria