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  Posibilities for Ecologically-Oriented Utilization of Agricultural Biomass

  Biomass contributes the major share to the renewable energy sources (RES) potential in Bulgaria. A considerable amount of biomass is produces as a result of breeding animals, growing various crops, storing waste, maintaining green areas in the public sector or recycling waste waters. An important mechanism for effective utilization of energy ... Biomass contributes the major share to the renewable energy sources (RES) potential in Bulgaria. A considerable amount of biomass is produces as a result of breeding animals, growing various crops, storing waste, maintaining green areas in the public sector or recycling waste waters. An important mechanism for effective utilization of energy and biomass energy, in particular, is communal energy planning. Municipalities, micro-regions and regions should develop and strategically consider systems for utilizing separate energy sources, including biomass. For this reason, modern ecologically-oriented energy production technologies are of great importance for the local economies of each particular region and also lead to improvement of their ecological balance. With reference to this, it is necessary to make a timely assessment of the effectiveness and potential for electricity production form biomass in Bulgaria.

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  “Money Laundering” Phenomenon as a Threat to the Stability of the National Economy

  This article examines the nature, complexity and specific features of the term “money laundering” as an activity of legalization of illegally obtained funds and their presentation as coming from a legitimate economic activity. What are clarified are the stages through which the process of “dirty” money laundering (placement, layering and ... This article examines the nature, complexity and specific features of the term “money laundering” as an activity of legalization of illegally obtained funds and their presentation as coming from a legitimate economic activity. What are clarified are the stages through which the process of “dirty” money laundering (placement, layering and integration) passes using multiple operations and schemes of different types and complexity. Outlined are the negative consequences and effects from the integration of criminally acquired profits in the financial system and their impact on the economic, political and social life of the country.

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  Financial Analysis of the Structure, Composition and Effective Use of Publicly Owned Real Estate

  The research presents the structure and content for a system of indicators for financial analysis of publicly owned real estate. The aim is to clarify the logic, significance, numerical values and methods of use of the proposed indicators for financial analysis and evaluation of the effective use real estate. Potential approaches of examining ... The research presents the structure and content for a system of indicators for financial analysis of publicly owned real estate. The aim is to clarify the logic, significance, numerical values and methods of use of the proposed indicators for financial analysis and evaluation of the effective use real estate. Potential approaches of examining their comparability and compatibility with other indicators, as well as opportunities for clustering of similar performance and time tracking analysis of objects are discussed. The methodology for deriving the indicators and their meanings enables the study of the effectiveness of the functioning of publicly owned real estate. The proposed system of indicators will improve the effective decision making in the management of publicly owned real estate. Developed by the author, a system of indicators of financial analysis of municipal property was piloted in 6 municipalities in South-Eastern Europe - the Municipality of Tirana, Municipality of Bucharest, Sofia Municipality, Municipality of Athens, City of Zagreb, and Municipality of Cajetina.