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ALTERNATIVES TO PRIVATISATION IN LOCAL SELF-GOVERNANCE IN BULGARIA
Teralex Consult, Sofia
by Anna Gotzeva
These days we are witnessing a process where local self-governance authorities world-wide begin to restrict the wide scope of economic activities they had until recently, focusing increasingly on their governance functions. The coverage and the contents both of the governance functions of the municipalities and of their economic activities are described by the respective national legislation. Nevertheless, while it would be impossible for a municipality to abdicate its governance functions under any circumstances, it is possible to assign the direct performance of activities that by their very substance have a business character to external entities, which may be controlled up to various extents.
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