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The main objective of the paper is to analyze the key problems ahead of BulgariaВ’s accession to the euro area. By joining the EU, Bulgaria assumed a duty and became eligible to join the euro area. By its nature and consequences, joining the eurozone is not only a matter of currency substitution, but also a radical change of the monetary regime and elimination of the currency board arrangement in Bulgaria. The study emphasizes that to date the accession of Bulgaria to the euro area has the importance of an immedia...