Munich Personal RePEc Archive

Development of non-banking sector in EU and Bulgaria

Nedelchev, Miroslav (2015): Development of non-banking sector in EU and Bulgaria. Forthcoming in: Anniversary Scientific Conference, Trakia University, Stara Zagora, 19-20 May 2015


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Article explores the development of non-banking sector in EU. The new institutional framework sets a new role for the financial intermediaries outside commercial banks. The analysis reveals macroeconomic issues which define the modern expectations to microeconomic players. The trend in Bulgaria follows dynamic processes in EU. In addition to European issues, Bulgarian ones include socio-demographic red tapes for non-banking sector.

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