Most countries in the European Union are in lockdown. While this is a necessary measure to contain the spread of the coronavirus and to protect the health care system from a collapse, it already does have a severe impact on the economies in the member states. Varying national attempts to alleviate the situation have been put into place, however, there seems to be no common approach – e.g. corona bonds – on a European level. We talked with Yasen Georgiev, Executive Director of the Economic Policy Institute in Sofia, about the current situation in Bulgaria, the possible delay of the introduction of the Euro due to the pandemic in the country and the prospects for the post-COVID-19 development in the region and for the single market.
Economic Policy Institute:http://www.epi-bg.org/index.php/en/