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‘The sum can be minimal - 50 stotinki or one lev if one wishes so,’ she said.

The law provides currently for serious damages to depositors in the event of a possible bank crisis when the Bulgarian lev would be depreciated.

The Bulgarian lev is tied to the euro, which did not benefit much from the dollar problems.

‘Customers should have more faith in the euro and the lev ,’ former Bulgarian National Bank deputy governor Martin Zaimov was quoted by local media as saying.

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).