Euro adoption

What do you think about euro adoption starting 2026?
Is it going to make prices to go up? - @mikefl69

There are at least 4 separate posts covering this, have a look down the forum.

@mikefl69

Yes! No! Maybe? :-)

Obviously. Yes. Prices will increase. Why? Because it's happened in every country that gave up their local currency. Most recently in Croatia.

Croatia gave up the Kuna. Prices skyrocketed.

Next thing to happen is migrants pouring in into Bulgaria.

You can objectively see what will happen. Because its already happened everywhere else.

Obviously. Yes. Prices will increase. Why? Because it's happened in every country that gave up their local currency. Most recently in Croatia.
Croatia gave up the Kuna. Prices skyrocketed.

Next thing to happen is migrants pouring in into Bulgaria.

You can objectively see what will happen. Because its already happened everywhere else. - @landroversaleseu

Did prices increase after Croatia switched to the euro?

Prices went up a little after Croatia started using the euro. Most of the price jumps were because of world inflation, not just the new money. The government watched prices and gave fines to businesses that raised prices unfairly.

The next thing to happen is migrants pouring into Bulgaria.

Why will migrants all of a sudden pour into Bulgaria? You can't use joining the Euro as an excuse.

Obviously. Yes. Prices will increase. Why? Because it's happened in every country that gave up their local currency. Most recently in Croatia. Croatia gave up the Kuna. Prices skyrocketed. Next thing to happen is migrants pouring in into Bulgaria. You can objectively see what will happen. Because its already happened everywhere else. - @landroversaleseu

https://ersj.eu/journal/1689

https://www.imf.org/en/News/Articles/20 … -accession

Experts on the subject have reported

Well Poland  and 5 othr countries never adopted the Euro, and the people of Bulgaria saying no to the euro  not only about prices increasing by 20% but the loss of control then of the countries finances to EU commision.

Well Poland  and 5 othr countries never adopted the Euro, and the people of Bulgaria saying no to the euro  not only about prices increasing by 20% but the loss of control then of the countries finances to EU commision.

Well Poland and 5 othr countries never adopted the Euro, and the people of Bulgaria saying no to the euro not only about prices increasing by 20% but the loss of control then of the countries finances to EU commision. - @exports17

Like Hungary, they still have the Hungarian Forint. If close to the border, they will do their shopping in Austria because a lot of items are cheaper. Austria has the Euro €!

Well Poland and 5 othr countries never adopted the Euro, and the people of Bulgaria saying no to the euro not only about prices increasing by 20% but the loss of control then of the countries finances to EU commision. - @exports17
Like Hungary, they still have the Hungarian Forint. If close to the border, they will do their shopping in Austria because a lot of items are cheaper. Austria has the Euro €! - @SimCityAT

First of all Euro is controlled by the ECB, not the EC.   The EC is like the management board.  It does of course have its own budget to manage but control on inflation is by the ECB and interest rates.  National budgets are not under control of the EC although there is monitoring of deficits etc.  There will be increases because of the Euro but that could be down to rounding errors.  Price gouging is controlled in the transition.

Austria is sort of cheaper now because in HU, we have 27% VAT vs AT's 20% in most places (there are some differences in regions).  So there's already an 7% difference.  For big ticket items, it can be worth going there.

The other thing I found (when I lived in Austria) that DACH (Deutschland, Austria, Switzerland) is like one area so if you buy goods in Germany on say Amazon, they are sent at a very similar rate to Austria.   It's like Eastern Europe starts at the HU border and prices for shipments rocket as soon as that occurs.  It's cheaper to get stuff sent from China to Hungary than from Germany.  Right or wrong, there's no green premium on transport from China. 

I think prices rising and migration cant be blamed on the Euro. Look at the non Euro countries.

Prices and migration have risen across the EU full stop, regardless of the colour of the bank notes.

The other thing I found (when I lived in Austria) that DACH (Deutschland, Austria, Switzerland) is like one area so if you buy goods in Germany on say Amazon, they are sent at a very similar rate to Austria. It's like Eastern Europe starts at the HU border and prices for shipments rocket as soon as that occurs. It's cheaper to get stuff sent from China to Hungary than from Germany. Right or wrong, there's no green premium on transport from China. - @fluffy2560

There's free shipping to Bulgaria from Amazon DE on quite a lot of items (as long as the order value is over €49); failing that, the usual DE-BG shipping fee from GGBG/Gabieli/Dostaviam is 4-5 leva/kg. Can't grumble at that..

The other thing I found (when I lived in Austria) that DACH (Deutschland, Austria, Switzerland) is like one area so if you buy goods in Germany on say Amazon, they are sent at a very similar rate to Austria. It's like Eastern Europe starts at the HU border and prices for shipments rocket as soon as that occurs. It's cheaper to get stuff sent from China to Hungary than from Germany. Right or wrong, there's no green premium on transport from China.  - @fluffy2560 There's free shipping to Bulgaria from Amazon DE on quite a lot of items (as long as the order value is over €49); failing that, the usual DE-BG shipping fee from GGBG/Gabieli/Dostaviam is 4-5 leva/kg. Can't grumble at that.. - @JimJ

Really?  We see extra for ordering from DE but maybe it depends on the seller.   Makes you wonder quite how the EU single market works.  Of course, the VAT varies.  I think Austria has green postal charges if you use the PO.  Ebay I think shows these charges.  Posta (Post Office) in HU is especially pricey for international and you've only got a 50% chance of receiving your package if it goes via Posta.  The other couriers are much more reliable and they all have collection boxes.  Extremely popular.

I buy a lot of stuff from Amazon DE; it's usually a 3-4 day delivery via courier, usually DHL to BG and then a local courier (Ekont/Speedy) delivers to your door.

In Austria, we order from Amazon DE, and it gets sent to Graz. It is then sent out to wherever you are in Austria. We get it the next day in most cases if you order at a certain time. They are now starting to deliver at weekends. Only in major cities for the time being, but will deliver further if there is a demand. We have Prime, so our deliveries are free.