IDEAS home Printed from https://ideas.repec.org/a/sko/yrbook/v23y2024i1p93-120.html
   My bibliography  Save this article

Sustainability Of The Public Finance In Bulgaria €“ Risks And Perspectives

Author

Listed:
  • Desislava Kalcheva

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

Abstract

The issue of the sustainability of public finances is of interest to both academics and politicians. The topic becomes even more relevant in times of financial difficulties. The purpose of this article is to present the legal framework and fiscal rules for maintaining the sustainability of public finances in Bulgaria and in the European Union. Particular attention is paid to the European Semester. A financial analysis of the public finances of Bulgaria for the period 2017 – 2021 is presented. An analysis of compliance with the financial rules set out in the Public Finance Act is presented. The main challenges and perspectives are outlined.

Suggested Citation

  • Desislava Kalcheva, 2024. "Sustainability Of The Public Finance In Bulgaria €“ Risks And Perspectives," Yearbook of the Faculty of Economics and Business Administration, Sofia University, Faculty of Economics and Business Administration, Sofia University St Kliment Ohridski - Bulgaria, vol. 23(1), pages 93-120, June.
    • Handle: RePEc:sko:yrbook:v:23:y:2024:i:1:p:93-120
    as

    Download full text from publisher

    File URL: http://www.feba.uni-sofia.bg/sko/yrbook/Yearbook23-05.pdf
    Download Restriction: no
    File URL:
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Benedicta Marzinotto & Guntram B. Wolff & Mark Hallerberg, 2011. "How effective and legitimate is the European semester? Increasing role of the European parliament," Working Papers 612, Bruegel.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jean Pisani-Ferry & Zsolt Darvas, 2011. "Europe's growth emergency," Bruegel Policy Contributions 623, Bruegel.
    2. Walpurga Köhler-Töglhofer, 2011. "Macro Coordination under the European Semester," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue Q4/11, pages 59-73.
    3. Jérôme Creel, 2021. "Establishing a Fiscal Dialogue in Europe," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 63(3), pages 339-355, September.
    4. Cristina Fasone, 2012. "The Struggle of the European Parliament to Participate in the New Economic Governance," EUI-RSCAS Working Papers 45, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS).
    5. Maatsch, Aleksandra, 2017. "Effectiveness of the European semester: Explaining domestic consent and contestation," MPIfG Discussion Paper 17/6, Max Planck Institute for the Study of Societies.
    6. Zsolt Darvas, 2012. "The euro crisis- ten roots, but fewer solutions," Policy Contributions 755, Bruegel.
    7. Valerie D'Erman & Amy Verdun, 2022. "An Introduction: “Macroeconomic Policy Coordination and Domestic Politics: Policy Coordination in the EU from the European Semester to the Covid‐19 Crisis”," Journal of Common Market Studies, Wiley Blackwell, vol. 60(1), pages 3-20, January.
    8. Ben Crum, 2013. "Saving the Euro at the Cost of Democracy?," Journal of Common Market Studies, Wiley Blackwell, vol. 51(4), pages 614-630, July.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sko:yrbook:v:23:y:2024:i:1:p:93-120. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Prof. Teodor Sedlarski (email available below). General contact details of provider: https://edirc.repec.org/data/fesofbg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.