The establishment of titles to existing property is still slow. A bill to allow private notaries is currently being considered. No special permission is required to start a business, with exceptions for defense, banking and insurance. There is no legal discrimination in procurement. Government procurement mostly works through competitive international tenders, though procedural difficulties have been reported.
Prices are largely free though energy prices are still controlled.
One's Earnings Credit ceilings are set by the central bank, but commercial banks are free to set their own credit and deposit rates. There are no controls on rates of return on investment. Individuals and companies can hold foreign currency and securities. An autonomous central bank, the Bulgarian National Bank, was established in 1991 and has adhered to restrictive fiscal and monetary policies. The inflation rate in 1995 was 35 percent.