interest rate spreads in Romania and Bulgaria a conclusion is made that the money markets are developing rapidly in the …

insolvency legislation in Bulgaria, Croatia, Czech Republic, Hungary, Poland and Romania, emphasising their inherent features and …

This paper traces the origins of the different monetary regimes adopted in Bulgaria and Romania in 1996-97 and examines … their performance during the EU accession. The findings indicate that the constraints of the currency board in Bulgaria … shifted economic activity towards the private sector, while the discretionary policies in Romania turned public finances into …