Love at second sight? Hopes and fears when joining the euro area

Source: European Central Bank (video statements)

The euro family is growing. Bulgaria is gearing up to adopt the euro. But what hopes and fears come with the transition? And were there similar feelings in other countries?

To explore these questions, our podcast team spoke with content creators Mihaela, Elena and Stefan (also known as Chefo) to hear their perspectives on the transition.

Meanwhile, in the podcast studio, our host Stefania Secola explored the topic with ECB researcher Ferdinand Dreher, who shed light on why public sentiment towards the euro tends to improve once people start using it in their everyday lives.

The views expressed are those of the speakers and not necessarily those of the European Central Bank.

Recorded on 11 and 16 December. Published on 22 December 2025.

In this episode:

00:53 Looking back at Germany’s adoption of the euro
Ferdinand shares his personal memories of Germany’s transition to the euro.

04:46 What are the biggest concerns around Bulgaria’s euro adoption?
Concerns arise with every major change. We asked three Bulgarian content creators – Mihaela, Elena and Stefan (also known as Chefo) – about their biggest concerns regarding euro adoption.

08:00 What does the research show?
What do surveys reveal about people’s concerns? What are the biggest concerns, and what are the initial inconveniences of the transition?

13:07 What are the biggest hopes around Bulgaria’s euro adoption?
Alongside fears, there are also hopes. Mihaela, Elena and Stefan share their perspectives on the positive aspects of euro adoption.

15:55 How do people’s feelings evolve after adoption?
Surveys show a significant shift in sentiment from the last survey before adoption to the first survey after adoption. What drives this change? Does clear communication play a key role?

20:13 What about Eurosceptics?
Does Euroscepticism persist after adoption?

21:30 What about concerns around national identity?
Do people feel that their national identity is under threat? Euro coins have a European side and a national side – does this help? Can European and national identities coexist?

23:53 Concerns are normal, but benefits will come
What is the message for countries who may adopt the euro in the future?

25:26 Our guest’s hot tip

Ferdinand shares his hot tip with listeners.

Blog post by Ferdinand Dreher and Nils Hernborg “Love at second sight: support for the euro before and after adoption”
https://www.ecb.europa.eu/press/blog/date/2025/html/ecb.blog20251104~cf577c8f68.en.html

Design of the euro coins – Bulgaria
https://www.ecb.europa.eu/euro/coins/html/bg.en.html

Bulgaria on the doorstep of the euro area
https://www.ecb.europa.eu/euro/changeover/bulgaria/html/index.en.html

ECB Instagram
https://www.instagram.com/europeancentralbank/

https://www.youtube.com/watch?v=G4Aw6Nl5nfU

Lessons from the Ocean & The Importance of the Night-Time Economy | WEF | Top Stories of the Week

Source: World Economic Forum (video statements)

This week’s top stories of the week include:

0:14 – 5 trending terms you might hear from Davos in 2026: From the triple bubble to inclusive AI and the quantum economy, here’s a short explainer of phrases you might hear from Davos this year.

1:37 – Sylvia Earle has spent a lifetime studying the ocean. Here’s what she’s learned: There has never been a better time to make a difference, says celebrated oceanographer Sylvia Earle.Over her long career, she has seen first-hand the destruction humanity has wrought on the natural world, including the #ocean – but she remains optimistic.

5:22 – 3 ‘night mayors’ on why night-time economies make cities stronger: More than 80 cities worldwide have now appointed ‘night mayors’ to oversee and grow their night-time economies, and to advocate for the businesses, workers and consumers who keep it running. We spoke to 3 of them: Corean Reynolds, Director of Nightlife Economy for the City of Boston; Raheem Manning, Senior Director, Nighttime Economy for the City of Philadelphia; and Michael Rodrigues, 24-Hour Economy Commissioner for New South Wales.

9:16 – AI and robotics are piecing Pompeii’s lost treasures back together: Imagine trying to solve several different jigsaw puzzles all at once – without being able to see the pictures on the boxes. That’s the task that has faced archaeologists working to reassemble the shattered frescoes rescued from the ruins of Pompeii. Today, however, cutting-edge digital technology is transforming this painstaking and often frustrating task.

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https://www.youtube.com/watch?v=CKl0Putie2w

How did Jakarta suddenly become the biggest city in the world?

Source: World Economic Forum (video statements)

The World Economic Forum is the International Organization for Public-Private Cooperation. It provides a global, impartial and not-for-profit platform for meaningful connection between stakeholders to establish trust, and build initiatives for cooperation and progress.

Find out more below:
World Economic Forum Website ► http://www.weforum.org/
YouTube ► https://www.youtube.com/wef
LinkedIn ► https://www.linkedin.com/company/world-economic-forum
Facebook ► https://www.facebook.com/worldeconomicforum/
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X ► https://twitter.com/wef
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https://www.youtube.com/shorts/GeaDGPNymxo

Libya: Progress remains stalled by institutional deadlock – UNSMIL Briefing | United Nations

Source: United Nations (video statements)

Four months after unveiling a UN-backed political roadmap for Libya, progress remains stalled by institutional deadlock and mistrust, UN Libya envoy Hanna Serwaa Tetteh told the Security Council.

Briefing the Council in New York, Tetteh said efforts to advance electoral preparations had failed to meet agreed timelines, despite repeated engagement with Libya’s rival political bodies. She recalled that committees from the House of Representatives and the High Council of State had agreed in October to reconstitute the High National Elections Commission within two weeks, but “despite multiple efforts and engagements with these institutions, this did not happen.”

Tetteh said a subsequent agreement signed on 28 November, under UN auspices, established a mechanism to select new HNEC board members, with a deadline of 11 December to finalize the process. That deadline also passed without action.

“It is my assessment that the delays are a manifestation of the lack of trust between the two institutions, their own internal divisions, and the inability to overcome their differences and agree on the way forward to resolve the current impasse,” Tetteh said, adding that she recognized “the serious efforts by some members to advance these two processes.”

Despite the setbacks, Tetteh highlighted the launch of a new UN-facilitated dialogue process held inside Libya earlier this month, describing it as a key component of the roadmap.

“On 14 and 15 December, UNSMIL launched the inaugural meeting of the Structured Dialogue which is one of the three core components of the Roadmap,” she said. “This is the first process of this magnitude to be held on Libyan soil.”

She said participants included representatives from sovereign institutions, civil society, political parties, academia and cultural and linguistic groups, alongside other state institutions.

https://www.youtube.com/watch?v=cs-fUwSvI3E

Gaza: 75% of population to face extreme levels of food insecurity – UN Chief | United Nations

Source: United Nations (video statements)

The latest IPC report shows famine has been pushed back in Gaza. Secretary-General Antonio Guterres cautioned the gains are “fragile,” and urged full implementation of the ceasefire and a clear path toward a two-state solution.

Guterres spoke to reporters in New York on the situation in Gaza. He said that far more people are able to access the food they need to survive, adding that the UN is preparing more than 1.5 million hot meals every day and delivering general food assistance packages across Gaza.

The UN chief said, “Clean water is reaching more communities. Some health facilities have reopened. And in the wake of the brutal winter storms, we acted immediately to provide tents, blankets, clothing and other support.”

“This is a testament to the hard work of humanitarians and Member States, along with growing cooperation with the Civil-Military Coordination Center,” Guterres highlighted.

The Secretary-General also cautioned that gains are fragile, stating that 1.6 million people in Gaza — more than 75 percent of the population — are projected to face extreme levels of acute food insecurity and critical malnutrition risks.

Guterres pointed out that the needs are growing faster than aid can get in, stressing “We need a truly durable ceasefire. We need more crossings, the lifting of restrictions on critical items, the removal of red tape, safe routes inside Gaza, sustained funding, and unimpeded access – including for NGOs.”

The UN chief also warned not to lose sight of the rapidly deteriorating situation in the West Bank.

He said, “Palestinians there face escalating Israeli settler violence, land seizures, demolitions and intensified movement restrictions. Tens of thousands have been displaced following operations by Israeli forces in the northern West Bank.”

Guterres reiterated, “International law – including international humanitarian law and international human rights law — must be upheld across the Occupied Palestinian Territory, including East Jerusalem.”

“The International Court of Justice indicated provisional measures. These are binding and must be implemented,” he added.

The Court’s Advisory Opinion of 22 October 2025 was clear, the UN chief said, explaining “Israel is under the obligation to allow and facilitate humanitarian aid, to cooperate with the United Nations in carrying out our mandates, and to respect the privileges and immunities of the United Nations and its personnel, including in times of armed conflict."

The Secretary-General reiterated his support for UNRWA, “which plays an indispensable role in serving the Palestinian people — in Gaza and elsewhere in the region.”

“This is a crisis born of human decisions. It can be resolved through human choices – if there is the political will to act,” Guterres said.

He concluded, “The perverse and prolonged suffering must end. Palestinians need a horizon of hope. The ceasefire must be implemented in full. The endless cycle of violence must be broken. And the way must be cleared to an irreversible path to a two-state solution.”

Asked about reports of Israel’s decision to delay implementing phase two of the agreement, Guterres said, “I think that it is essential to move to phase two, and I don’t think that we should have any pretext to avoid it.”

He continued, “I believe, obviously, that it is very important that the remnants that are still missing are found and given back to their families. But at the same time, I think it’s very important to move with the peace process as a whole.”

Asked about his phone call with Venezuelan President Nicolas Maduro this week, the Secretary-General said, “The situation is obviously very tense. That is why we have been consistently appealing for de-escalation, for dialog and for international law to be fully respected.”

https://www.youtube.com/watch?v=Dnz5iL7h3UM

Security Council Renews #MONUSCO Mandate DRC

Source: United Nations (video statements)

The UN Security Council voted unanimously to renew the mandate of the UN Stabilization Mission in the Democratic Republic of the Congo (MONUSCO) for one year, until 20 December 2026.

The draft resolution renews MONUSCO’s mandate until 20 December 2026, maintaining its current troop ceiling of 11,500 military personnel, 600 military observers, 443 police personnel, and 1,270 personnel in formed police units.

https://www.youtube.com/shorts/4WGJKR9TV5E

#Gaza: Hunger, Suffering — and the Urgent Path to Peace

Source: United Nations (video statements)

Over 75% of Gaza’s population is facing extreme food insecurity and malnutrition. Families endure immense suffering. Children sleep in flooded tents, while access to farmland, neighborhoods, and essential services remains severely restricted.

As the UN Secretary-General has warned, ending the suffering requires urgent political will — an immediate ceasefire, protection of civilians, and sustained humanitarian access. Breaking the cycle of violence is essential to restore hope and to advance a credible path toward a two-State solution, where Palestinians and Israelis can live in peace, dignity, and security.

https://www.youtube.com/shorts/2J_8GjyZXZY

South Africa Government: Deputy President Paul Mashatile delivers remarks at the ELCSA Golden Jubilee Celebration

Source: Republic of South Africa (video statements)

Deputy President Paul Mashatile delivers remarks at the ELCSA Golden Jubilee Celebration

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https://www.youtube.com/watch?v=E-aB_ahruig

The Power of Youth in Peacebuilding | United Nations

Source: United Nations (video statements)

In 2024, the United Nations marked the 10th anniversary of UN Security Council Resolution 2250—a landmark commitment to the global Youth, Peace and Security agenda. On 15 December, the UN Youth Office, in partnership with the UN system and with the support of Member States, convened a high-level stocktaking event and an intergenerational Peace Circle to reflect on progress, elevate youth leadership, and renew political commitment for the decade ahead.

We are grateful to young people around the world leading peacebuilding and conflict-resolution efforts in their communities. We see you and we stand with you.

https://www.youtube.com/watch?v=Y9ffZOCH5fw