… From the beginning of the banking system reforms, the … foreign banks to enter the local market
because of the fear that they … to identify the main factors driving bank efficiency in Bulgaria. …

… the timeline between the bank privatisation era up to the global financial crisis and the …
, we use monthly data for the period December 2001 to December 2010 on Bulgaria’s non-…

… In this paper I argue that the Bulgaria, and other Eastern European countries, should
enhance the supply response by reforming their financial systems. This reform can …

… the order of 4-6% of the GDP, and the aggregate negative capital of the banking system is
11-12% of the … The mobilization of the banking system is a premise for an effective allocation of …

… The introduction of the currency board in mid-1997 brought about radical changes in the
structure of the banking system as can be seen in the aggregates described in Table 3. The …

… days (which is the international standard and the normal practice in Bulgaria). Reserve … the
banking system as a whole. Given the fragile stability of the banking system in Bulgaria at the …

… in the context of this volume, Bulgaria, in common with all the … of traditional tax bases and
the inability of tax authorities to … This problem extends beyond the state banking system and …

… The slowly overcoming of the debt crisis in Europe and the direction of … the European banking
system by the ECB raised the question about the stability of the Bulgarian banking system. …

… in the medium and the long run. Several stylized facts stand out as the key characteristics of
the economic transition in Bulgaria: (1) … of the liquidity in the banking system as well as the …

… The aim of this article is to analyze the relation between the crisis in the real economy and
the state of the banking system as the … Bulgaria’s banking system is the basic integral element …