Bulgaria: Fifteen Years Later

DOI:

https://doi.org/10.58894/EJPP.2019.2.310

Abstract

The first of July marked the anniversary of a momentous day in Bulgarian history. On that day, fifteen years ago, Bulgaria installed its currency board system (CBS), finally ending its hyperinflation, which had peaked with a monthly inflation rate of 242%, in February 1997.   But, I am getting ahead of myself.