Petr Zimčík on TV Nova: Why Bulgaria is debating its budget and the switch to the euro

Our lecturer and economist at NEWTON University, Petr Zimčík, commented for TV Nova on the current situation in Bulgaria, where the government withdrew its draft budget for next year after mass protests.

The report highlights public concerns about adopting the euro, inflation, and the impact on living standards.

In the interview, Petr Zimčík explained why people are reacting so strongly and how the combination of a new budget and the currency conversion may temporarily push up the cost of services and household expenses.