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MONITOR (1998-2000)
The CSD Monitor Periodical was published troughout the period 1998 - 2000 in English and Bulgarian. The bulletin, which was widely distributed to Members of Parliament, government officials, media, local administration and intternational donors, covered all major CSD activites and events, research and advocacy in the field of more »
 
Policy and Legal Environment for the Growth of the SME Sector in Bulgaria, January 1997
The Policy Forum aims to identify those factors that will improve the economic and legal environment for the growth of the small and medium sized enterprise ("SME") sector in Bulgaria. The forum has brought together some of the country’s most influential individuals, representing various institutional and independent bodies, to discuss the constraints that are hindering the development of the SME sector and to propose and review various recommendations to overcome these obstacles. The paper attached hereto is a compilation of those recommendations contributed and discussed at the forum. more »
 
Privatisation Funds - The Bulgarian Model, 1997
The privatisation funds are specific investment companies. In this sense as the first representatives of this type of economic entity they will have their own importance for capital market development in Bulgaria. In their role as instruments for 'mass' investment their establishment is associated with the application of the programme for mass privatisation. In addition, the privatisation funds are a separate group of issuers which will supply the capital market with "goods" (their own shares - although at the initial stage they are a little immobile) of which the quality will be determined by the funds' successful performance. more »
 
Institutional and Policy Framework for the Development of Capital Market in Bulgaria, September 1997
The existing legal and institutional framework and available technical facilities in the Bulgarian capital markets do not work very efficiently towards supporting a fully developed securities market. The necessary legislation, institutions and technical facilities must be put in place, so that, over time, a market will develop which will be able to absorb the volumes normal for a country of the size of Bulgaria and, potentially, international trades. The following discussion presents specific issues that need to be addressed, so that said purposes could be met. more »
 
Privatization in Bulgaria: Pushing Forward
The Privatization Act was passed by the Bulgarian parliament in 1992, allowing privatization of state-owned enterprises (SOEs) to move forward. Since February 1993, when the first state-owned enterprise was privatized, privatization has slowly been gaining momentum in Bulgaria. Despite this progress, however, the environment in Bulgaria was anything but conducive to privatization until 1997. The economic and political situations were unstable, scaring off potential investors. High inflation, high interest rates, an unstable banking system, an undeveloped financial sector, and a volatile political environment were the rule. more »
 
Privatization and Economic Restructuring, December 1996
The political situation in Bulgaria for the period under review was unfavourable regarding the continuance of the economic reforms so necessary for the country. The urgent and decisive measures for reaching macro-economic stability and speeding the market reforms have been once again postponed by the announced for the end of October '96 presidential elections and the will of the governing Bulgarian Socialist Party to win those elections at all costs. more »
 
Where Is Privatization In Bulgaria Heading To, 1996
The combination of mass and market privatization as a specific element of the Bulgarian model acquires more and more distinct outlines as days go by. On January 8, 1996, mass privatization made its official start by the commencement of the citizens' registration for participation. The dead-line for this phase was extended twice and as a result a little above 40 percent of the eligible Bulgarian population bought their voucher booklets. Despite the not particularly attractive public awareness campaign and the non-participation in it of the privatization funds, a fairly good result was achieved in the registration for participation in the mass privatization process. more »
 
Initial Attitudes Towards Mass Privatization, December 1995
Vitosha Research conducted a social survey to register the attitude of the Bulgarian populace towards mass privatization on the eve of its actual start. The data was collected in November 1995. The survey method was the standardized face-to-face interview. The sample size is 2652 and is representative for the population of Bulgaria aged 18 to 60. The sample is representative separately for the population of Sofia (N = 727), Plovdiv (N = 920) and Varna (N = 967) in the above mentioned age interval. This design of the first quantitative survey was preferred to the national representative sample, because according to preliminary data, information residents in small towns and villages had about the forthcoming mass privatization was extremely low. more »
 
Approximation of Bulgarian to EU Legislation: Protection of Competition, Protection of Intellectual Property and Right of Establishment, August 1995
The significance of the harmonisation of legislation of the associated countries of Central and Eastern Europe (ACCEE) with the legislation of the European Community (EC) was already underlined by the European Council in Copenhagen (21-22 July 1993). The approximation of the Bulgarian legislation with that of the EC is one of the fundamental tasks of the strategy for the preparation of the countries of Central and Eastern Europe to join the Union, adopted at the meeting of the European Council in Essen on 9-10 December 1994. more »
 
Trade Policy in the Context of Bulgaria’s Accession to the European Union, August 1995
The Policy Forum aims to identify those factors that will improve the economic and legal environment for the growth of the small and medium sized enterprise ("SME") sector in Bulgaria. The forum has brought together some of the country’s most influential individuals, representing various institutional and independent bodies, to discuss the constraints that are hindering the development of the SME sector and to propose and review various recommendations to overcome these obstacles. more »
 

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