Privatization in Bulgaria
The Bulgarian blueprint of the economic reform rests on a special clear-cut disposition of its parts. It has been two years now since the stabilisation programme has been put in effect and is still lacking in an inbuilt structural reform and privatization steps. Structural measures have reached a critical point. The mix of physical restitution (i.e. the restitution of real property in its real proportion) plus the lack of anysemblance of a capital market and small-scale privatization has been entirely undermined.
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