Financing Private SME in Bulgaria

Todor Balabanov
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Todor Balabanov: Institute for Advanced Studies, Vienna

No 55, East European Series from Institute for Advanced Studies

Abstract: This study looks into the prospects for financing of private Small and Medium Enterprises (SME) in Bulgaria. The institutional development supportive to a successful governmental and private support to this segment of capital market are exemplified through German experience and Hungarian practice. Both the national options and the specific circumstances of district-municipalities of Bourgas, Plovdiv and Smolian are reviewed. Special attention is paid on the opportunities that may open under the new political and economic climate.

Keywords: Financing; SME; Institutional Building; Private Sector; Development (search for similar items in EconPapers)
JEL-codes: G32 (search for similar items in EconPapers)
Pages: 43 pages
Date: 1998-03
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