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Bulgaria needs to give its monetary reform instant credibility, to avoid the dangers of continuing inflation on the one … confidence in the Lev, Bulgaria should replace its central bank with a currency board. A currency is explicitly designed to …
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The presence of a Currency Board (CB) monetary system in Bulgaria is a key factor in assessing monetary policy …
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those with other regimes. The experiences of three candidates for EU membership with CBAs (Estonia, Lithuania, and Bulgaria …
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