currency board

Recently, Bulgaria's possible entry into the EU's monetary union, the so-called Eurozone, has become a hot topic. Over the past week, a number of experts, led by the former economic team of the NMSV and Ivan Kostov, took turns explaining in various media why Bulgaria should abolish the currency board as soon as possible and …

Very soon, the NSI released the inflation data for 2013, which were interpreted on the same day on BNT in the following way: "We have recorded the lowest annual inflation in 23 years. According to the National Statistics Office, this is a deflation of 1.6 percent." [1] It turns out that the data is for December...