"Scientific research" Almanac

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  THE BANKING SECTOR IN CRISIS

  Banking crises are costly for the economic crises, not only because of the high direct rescue costs, but also due to the negative effects on the economy by limiting the access to credit resources, negative impact on the price of government debt and securities of local companies, as well as a possible devaluation of the national currency. The aim ... Banking crises are costly for the economic crises, not only because of the high direct rescue costs, but also due to the negative effects on the economy by limiting the access to credit resources, negative impact on the price of government debt and securities of local companies, as well as a possible devaluation of the national currency. The aim of this study is to clarify the causes and transmission mechanisms of the global financial crisis of 2007, and to advocate the following idea: effective risk management in the financial sector at the international level is the only way to prevent future global financial crises. In this context, the following main tasks are defined: (1) factors for the occurrence of banking crises, and in particular – the global financial crisis of 2007, (2) transmission mechanisms of infection in the international banking sector, (3) the impact of the global financial crisis on the banking sector, and (4) policy options for risk management in the banking system and for strengthening it.

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  MECHANISMS FOR REGULATION AND AUDIT OF EU FUNDS ABSORPTION

  Funding received from EU programmes is vital for the national economy as it helps solve crucial socio-economic problems. In some cases, the absorption of these funds is accompanied by attempts to commit fraud or violate existing regulations. In order to prevent these from happening, the process has to be subject to audit and regulation. Research ... Funding received from EU programmes is vital for the national economy as it helps solve crucial socio-economic problems. In some cases, the absorption of these funds is accompanied by attempts to commit fraud or violate existing regulations. In order to prevent these from happening, the process has to be subject to audit and regulation. Research on various mechanisms for regulation and audit of the absorption of EU funds demands that the overall organization of their management should be examined. The focus is on legal, accounting and audit problems on which sound financial management of funds is based.

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  STUDYING THE DEVELOPMENT OF GREEN ECONOMY IN BULGARIA AS A EUROPE 2020 PRIORITY STRATEGY

  The aim of this study is to reveal the trends of the green economy in relation to the Europe 2020 priority strategy. The tasks that are set relate to revealing the nature of green economy, as well as the reasons for green management. The object of study is the development of green economy in Bulgaria. The subject of study is the changes to be made ... The aim of this study is to reveal the trends of the green economy in relation to the Europe 2020 priority strategy. The tasks that are set relate to revealing the nature of green economy, as well as the reasons for green management. The object of study is the development of green economy in Bulgaria. The subject of study is the changes to be made in the national economy of the Republic of Bulgaria so that humane green economy will be built. The paper advocates the idea that in order for life on Earth to survive, today's economy, stimulating social inequality and waste of natural resources, must be replaced by a steady green economy. Naturally, this should be done globally by consensus of all countries in the world and mutual respect for their interests. There are many possible ways of Bulgaria’s integration into the European and world economy, but in economic terms building a green economy is the most justifiable way.