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  • Velichko Adamov
    AN ANATOMY OF MONETARY EQUILIBRIUM IN THE ECONOMY
    JEL: JEL: E31, E41
    Keywords: monetary equilibrium, interest, income, expenses, trans¬actions in goods and services
    Summary: Monetary equilibrium often indicates stability in an econ¬omy. Most economic disturbances, at any stage of development, stem from breaking the equality between money and the value of goods. The focus of this paper is therefore on the analysis of monetary equilibrium within the context of the quantity theory of money and within the context of contempo¬rary dimensions of economic systems that are, or are not exposed to shocks. The effect of interest and return is examined so as to defend the thesis that breaking monetary equilibrium is almost invariably the result of the subjective decisions of economic agents.
  • Trayan Yosifov
    CONDITION OF THE BANK LOAN MARKET IN BULGARIA
    JEL: E41, G21, O10
    Keywords: bank financing, credit market, economic development
    Summary: While not all domestic businesses are growth-oriented, at some stage of their development they need capital to improve their competitiveness and adaptability to changes of their business environment. The access to affordable bank loans is crucial for the development of many Bulgarian businesses, which face increasing external and internal competition. This is due to the fact that there are virtually no alternative sources of financing in our country. The present study aims to present an analysis of the credit market in the country in view of the key importance of bank monetary resource, which is a major factor for strengthening the competitive potential of Bulgarian enterprises. The article presents an analysis of the domestic bank loan market in terms of the key importance of banks’ financial resource, which is a major factor for raising the competitiveness of the Bulgarian enterprises.