Financing Private SME in Bulgaria

Abstract: This study looks into the prospects for financing of private Small and Medium Enterprises (SME) in Bulgaria. The institutional development supportive to a successful governmental and private support to this segment of capital market are exemplified through German experience and Hungarian practice. Both the national options and the specific circumstances of district-municipalities of Bourgas, Plovdiv and Smolian are reviewed. Special attention is paid on the opportunities that may openunder the new political and economic climate.;