Capital markets union and the prospect for Bulgaria

Petranov, Stefan (2016): Capital markets union and the prospect for Bulgaria. Published in: ANNUAL OF SOFIA UNIVERSITY “ST. KLIMENT OHRIDSKI” , Vol. 16, No. FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION (2018): pp. 217-230.

Abstract

The article examines one of the main initiatives of the European Commission for the new programming period from the point of view of the Bulgarian economy. Initially it sets out the context and the reasons driving this initiative and the difficulties and problems it will likely encounter during the implementation process. Then the article focuses on the analysis of Bulgaria’s readiness to benefit from this process and discusses the eventual impact of such union on the development of the Bulgarian economy. Particular attention is paid to the actions necessary to be taken to enable the country to fully utilize the opportunities that such a union could provide.

• Item Type: MPRA Paper
• Language: English
• Keywords: European integration, capital markets union, bank financing, market financing, financial markets regulation, corporate governance.
• Subjects: G - Financial Economics > G1 - General Financial Markets > G15 - International Financial Markets; G - Financial Economics > G1 - General Financial Markets > G18 - Government Policy and Regulation; 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

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