Only coffee and water will become more expensive after the adoption of the euro – 2024-02-12 03:30:41

by times news cr

2024-02-12 03:30:41

“Probably, coffee and mineral water will become more expensive in the first months after our country joins the euro, but other goods and services will not become more expensive if measures are taken.” Let’s look at Estonia and Latvia, which switched from a currency board to adopting the euro. There was a fleeting inflation – from half to 1% of goods that can be seen”. This is what KNSB president Plamen Dimitrov told NOVA.

“Salaries there are growing at a fairly serious pace. In the ten years since their entry into the Eurozone, there has been double-digit wage growth in these two countries,” he explained.

Dimitrov cites a study by the National Security Council in Bulgaria based on a methodology that is internationally certified. “A single person needs BGN 1,438 a month to support himself. A three-member family needs about BGN 2,600 per month,” said the union leader. For some time, KNSB has not surveyed four-member families because they are no longer statistically average, he explained.

According to statistics, there is an increase in the cost of living expenses on an annual basis of BGN 156 for a three-member family and just under BGN 90 for a one-member household. “The truth is that during these 2 and a half years, when the growth of inflation started – at the end of 2021, we managed to compensate for the average inflation, which is about 30%,” said Dimitrov and explained that their methodology examines how to live decently , not rich.

He admitted that the growth of wages is also not small. “They are in double digits, we compensate for inflation, but we remain poorer,” said the trade unionist.

“Regardless of calming the energy factors, producer prices continue to rise. From there, inflation of many goods and services slowly but surely continues to rise,” said the trade unionist.

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