Bulgaria's latest stabilization program, which included the introduction of a currency board, marked the end of a period of economic turmoil and near-hyperinflation. What accounts for its success?

However, the euro-based prices will only be valid once Bulgaria officially joins the eurozone. The changes are designed to inform the public and prevent speculative pricing ahead of the currency ...

Professor Steve Hanke, who established Bulgaria’s currency board, emphasized that the country should maintain the current system, as it continues to work effectively.Speaking during a roundtable ...