STRATEGIC PRIORITIES TO THE BULGARIAN CAPITAL MARKET FOR STRENGTHENING THE INTEGRATION TO EU.

The purpose of the present study is to analyse the current state of the Bulgarian capital market within the framework of the strategic priorities for deepening of its integrational links to the European capital markets. The paper presents results from correlation analysis of indicators of integration of the Bulgarian capital market to the Eurozone. The results point to medium degree of integration of the Bulgarian capital market. Irrespective of the high degree of harmonization of the regulatory framework and market practices on the Bulgarian capital market still exist various barriers at micro and institutional levels. [ABSTRACT FROM AUTHOR]