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- W2256560129 abstract "Bulgarian government institutions are actively involved in the regulation process in order to minimize the economic crisis' negative effects. The measures taken vary, trying to embrace all elements of the societal functioning, starting from rigorous budgetary discipline imposition to the combat against shadow economy and illegal smuggling of goods. As tools for regulation improvement are also used with success amendments to the national legislation. Due to the strict financial policy and state control on the credit institutions, the banking system is considered from the foreign partners and rating agencies as stable. Although a lot of initiatives are under way and new approaches are applied, the recovery is still very slow. Significant insufficiencies still exist in the activities of the judicial, healthcare and pension systems. Unnecessary bureaucracy in certain administrative procedures still remains. This concerns also the EU funds allotment. Bulgaria complies with the requirements imposed by EU institutions, despite the negative impact some of them have on the national welfare. The politicians are in favor of supporting any initiative from Brussels considered necessary to help the EU countries to go out of the crisis, provided it is adopted in a democratic way and takes into consideration the interests of each Member State." @default.
- W2256560129 created "2016-06-24" @default.
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- W2256560129 date "2013-01-01" @default.
- W2256560129 modified "2023-09-24" @default.
- W2256560129 title "Public Law and the Economic Crisis: Bulgaria" @default.
- W2256560129 hasPublicationYear "2013" @default.
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