In the summer of 1931, the Austro-German banking crisis spread to Romania and Bulgaria. In the Romanian case, the … the relevant attitude to adopt, in particular to avoid or not the Marmorosch Blank Bank bankruptcy. In Bulgaria, the … Bulgaria, Credit Bank, was rescued. Archive documents, reports of participants and comments from contemporaries, all emphasize …

In 1996/1997 Bulgaria was hit by a severe financial crisis, spreading from a banking crisis to a currency crisis. While … hazard models of currency crises than the Asian Crisis. We also show how Bulgaria managed to overcome the crisis by …