by Daniela Bobeva, Sophia Kassidova, Ilia Avramov
Sofia
June, 1995
CONTENTS:
CHAPTER
I :
BULGARIA FACES A SERIOUS DEBT
CRISIS 1
CHAPTER
II:
FLUCTUATION OF BULGARIAN DEBT PRICES
AND FACTORS INFLUENCING THEM 3
CHAPTER
III:
NATURE AND SCOPE OF DEBT-FOR-EQUITY
SWAPS IN BULGARIA10
Legal Framework of the Debt for Equity
Swaps 14
CHAPTER
IV:
PRIVATISATION DEALS CONCLUDED SO FAR
AND
THE SWAP OPERATIONS EFFECT ON
PRIVATISATION 19
Prospects and recommendations 24
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