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Eurozone’s Next Chapter: Why Expansion Won’t Be Easy After Bulgaria

  The European Union’s long‑running project to expand the eurozone has reached a pivotal moment. With Bulgaria preparing to adopt the euro, attention is shifting to the remaining EU states still outside the common currency—and the road ahead looks far more complicated. Bulgaria’s entry is significant: it demonstrates that euro adoption is still possible for countries willing to meet the strict fiscal and legal criteria. Yet the remaining holdouts—such as Romania, Hungary, Poland, Czechia, and Sweden—face a mix of political hesitation, economic challenges, and public skepticism that make near‑term expansion unlikely. Some governments argue that adopting the euro would limit their monetary flexibility, especially in a period marked by inflation and geopolitical uncertainty. Others face structural economic gaps that make meeting the convergence criteria difficult. In several countries, public opinion remains divided or outright opposed, slowing political momentum. The EU continues...
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Rising Tensions: Iran Reportedly Planning Strike on Israel from Iraq

 

According to recent reports from Axios, Israeli intelligence has indicated that Iran is preparing to launch a significant retaliatory strike on Israel from Iraqi territory within the next few days. This development comes amidst escalating tensions between the two nations, following a series of tit-for-tat military actions.

The anticipated attack is expected to involve a large number of drones and ballistic missiles, potentially targeting strategic locations within Israel. Israeli sources suggest that Iran might be using pro-Iranian militias in Iraq to carry out the strike, possibly to avoid direct retaliation on Iranian soil.

This move is seen as a response to Israel’s recent airstrikes on Iranian military infrastructure, which were themselves a reaction to Iran’s earlier missile barrage against Israel. Iranian officials have vowed a “definitive and painful” response, with high-ranking sources indicating that the retaliation will be unlike any previous scenarios.

As the situation develops, the international community watches closely, hoping for a de-escalation of hostilities in the region.


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