Vol. II (2021), No. 1
ANTI-CRISIS MEASURES IN BULGARIA TO IMPROVE ACCESS TO FINANCE FOR SMES DURING THE COVID-19 PANDEMIC
Silvia Trifonova
University of National and World Economy (UNWE), Bulgaria
Iliana Andronova
Bulgarian Development Bank JSC, Bulgaria
Review article
DOI: https://doi.org/10.47954/ijcbe.2.2.4
JEL Classification: G32, G21, G23
Abstract
This paper aims to systematize, group and study the anti-crisis economic measures in Bulgaria for financing of small and medium enterprises (SMEs) during the COVID-19 pandemic. During the second lockdown (fourth quarter of 2020), the state undertakes comprehensive economic measures. In this study the measures to facilitate access to finance are systematized into 4 groups as follows: (1) moratoria on loan repayments; (2) preferential lending measures; (3) equity investment; (4) measures to further facilitate access to finance for SMEs. The paper ends with a summary of the findings of the study.
Key words: SMEs; access to finance; COVID-19 pandemic
Full text
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