It is clearly not in the benefit of Bulgaria to join a shared currency with advanced, manufacturing, positive export surplus countries like Germany.
Losing control of the currency will result in all domestic manufacturing to become more expensive (therefore incapable to compete with higher quality German goods), and all manufacturing capabilities will disappear in favour of the most cancerous form of industry, tourism. Like what happened to Greece and Portugal.
Croatia had kuna pegged to Euro, replaced it with euro in 2023 and prices of almost everything went up. Why Bulgaria's government is working against it's people?
Slovakia did it in a smart way. All kinds of laws that mandated showing prices in both currencies for a very long transitionary period, disallowing increasing the price when euro kicks in or with weeks of transitionary period end. It can be done with a functional parliament
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Losing control of the currency will result in all domestic manufacturing to become more expensive (therefore incapable to compete with higher quality German goods), and all manufacturing capabilities will disappear in favour of the most cancerous form of industry, tourism. Like what happened to Greece and Portugal.