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The authorities have actively pursued restoring credibility in the financial system following the collapse of the system's fourth largest bank in 2014. To restore credibility, the authorities - in addition to requesting a Basel Core Principles (BCP) assessment in 2015 and this financial sector...
Persistent link: https://www.econbiz.de/10012247459
This Technical Note (TN) examines the current state of NPLs in Bulgaria and makes recommendations for a strategy to …
Persistent link: https://www.econbiz.de/10012247486
effective banking supervision in Bulgaria. It provides an overview of the most recent initiatives taken by the Bulgarian …
Persistent link: https://www.econbiz.de/10012247487
The paper examines labor market developments in the four hard-peg European Union (EU) accession candidates during transition, with a view toward understanding the persistent high unemployment experienced in each country. Despite the significant levels of unemployment in all four countries, labor...
Persistent link: https://www.econbiz.de/10014402526
Like most transition economies, Bulgaria, Lithuania, and Mongolia suffered severe banking crises, which had to be …
Persistent link: https://www.econbiz.de/10014403652
The large capital inflows that generated a domestic demand boom in Bulgaria led to strong employment growth. But a … sharp reduction in capital inflows led to a contraction of domestic demand, while the recession in Bulgaria’s trading …
Persistent link: https://www.econbiz.de/10014404383
Bulgaria’s potential output growth in future could be markedly lower, and it may take considerable time for the excess …
Persistent link: https://www.econbiz.de/10014404408
This paper examines Bulgaria’s 2004 Article IV Consultation and Ex Post Assessment of Longer-Term Program Engagement …
Persistent link: https://www.econbiz.de/10014404876
This paper discusses key findings of the Fourth Review Under the Stand-By Arrangement for Bulgaria. Performance in 2006 …
Persistent link: https://www.econbiz.de/10014404933
This Report on the Observance of Standards and Codes Data Module provides a review of Bulgaria’s data dissemination …. Bulgaria has adopted a restructuring program, aimed at stabilization and significant improvements in fiscal and monetary …
Persistent link: https://www.econbiz.de/10014406512