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  Possibilities to Evaluate the Sustainability of the Banks in Bulgaria using a Rating System ALER(TS)

  As the global financial crisis of 2007 shows, the modern banks are crucial for the stability of the financial sector and the economy as a whole. The study aims to present to academics and banking professionals the developed methodology of the evaluation system for sustainable development of the banking sector ALER(TS) and assess the extent of its ... As the global financial crisis of 2007 shows, the modern banks are crucial for the stability of the financial sector and the economy as a whole. The study aims to present to academics and banking professionals the developed methodology of the evaluation system for sustainable development of the banking sector ALER(TS) and assess the extent of its applicability based on real data analysis. The study argues that an independent and open-rating system to evaluating the banking sector contributes to increase its stability and competitiveness.

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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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  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.