Съюзът на капиталовите пазари и България

Petranov, Stefan (2022): Съюзът на капиталовите пазари и България. Published in: Chapter in Book: The challenges for the Bulgarian economy on its way to membership in the euro area No. Publishing house: Sofia University St. Kliment Ohridski (1 November 2022): pp. 302-321.

Abstract

The Chapter discusses the need for the creation of a single European Capital Markets Union (CMU). Comparative data and arguments are presented, supporting the thesis that the financing of the European economy is too dependent on the banking system and there is a need to increase the share of market financing. The initial Plan of the European Commission for the creation of CMU and its continuation - the so-called New Plan for CMU are analyzed. The effects on the Bulgarian economy are discussed from the point of view of business financing and issuers of financial instruments, as well as from the point of view of savers and investors in Bulgaria.

• Item Type: MPRA Paper
• English Title: The capital markets union and Bulgaria
• Language: Bulgarian
• Keywords: capital markets union, Bulgaria, market financing, banking financing
• Subjects: F - International Economics > F6 - Economic Impacts of Globalization; G - Financial Economics > G1 - General Financial Markets > G15 - International Financial Markets; G - Financial Economics > G2 - Financial Institutions and Services; G - Financial Economics > G2 - Financial Institutions and Services > G23 - Non-bank Financial Institutions ; Financial Instruments ; Institutional Investors; G - Financial Economics > G2 - Financial Institutions and Services > G28 - Government Policy and Regulation

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