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The Brady Deal Of Bulgaria With London Club Of 1994. Reduction Or Increase Achieved Bulgaria

Author

Listed:
  • Bancho Banov

    (Faculty of Economics and Business Administration, Sofia University St Kliment Ohridski)

Abstract

The article focuses on the deal which Bulgaria concluded with its bank-creditors of so called London club (more than 300 banks), which was signed in year 1994. The analyses deals with details of the agreement itself, calculates what the reduction is – announced by the Government at that time and what was really achieved. After that in the article were made orientation repayment plans and states that the total amount to be repaid is 10,76 Bln. USD.

Suggested Citation

  • Bancho Banov, 2018. "The Brady Deal Of Bulgaria With London Club Of 1994. Reduction Or Increase Achieved Bulgaria," Yearbook of the Faculty of Economics and Business Administration, Sofia University, Faculty of Economics and Business Administration, Sofia University St Kliment Ohridski - Bulgaria, vol. 16(1), pages 75-91, December.
    • Handle: RePEc:sko:yrbook:v:16:y:2018:i:1:p:75-91
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    File URL: http://www.feba.uni-sofia.bg/sko/yrbook/Yearbook16-04.pdf
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