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According to him, the exchange rates of the lev and the euro to the US dollar were not crucial to the Bulgarian economy.
The day I talked with him I found only one lev and 44 stotinki in his handkerchief, near the CD of his music.
The appreciation of the lev against the US dollar, and stability in the price of goods on international markets, would serve as brakes against inflation.
Inflation looks set to top 10 per cent this year, but that's no surprise considering the high cost of oil and a strong dollar (given that Bulgaria's lev is linked to the euro).
The financial guarantees and fines cited in the current law are from 1996, before the currency reforms of the Bulgarian lev .
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