id	sid	tid	token	lemma	pos
faba-46	1	1	127	127	NUM
faba-46	1	2	finance	finance	NOUN
faba-46	1	3	,	,	PUNCT
faba-46	1	4	accounting	accounting	NOUN
faba-46	1	5	and	and	CCONJ
faba-46	1	6	business	business	NOUN
faba-46	1	7	analysis	analysis	NOUN
faba-46	1	8	volume	volume	NOUN
faba-46	1	9	2	2	NUM
faba-46	1	10	issue	issue	NOUN
faba-46	1	11	2	2	NUM
faba-46	1	12	,	,	PUNCT
faba-46	1	13	2020	2020	NUM
faba-46	1	14	http://faba.bg	http://faba.bg	PROPN
faba-46	1	15	bulgaria	bulgaria	NOUN
faba-46	1	16	:	:	PUNCT
faba-46	1	17	economic	economic	ADJ
faba-46	1	18	impacts	impact	NOUN
faba-46	1	19	of	of	ADP
faba-46	1	20	erm	erm	PROPN
faba-46	1	21	ii	ii	PROPN
faba-46	1	22	and	and	CCONJ
faba-46	1	23	banking	banking	NOUN
faba-46	1	24	union	union	NOUN
faba-46	1	25	participation	participation	NOUN
faba-46	1	26	dimitar	dimitar	PROPN
faba-46	1	27	chobanov	chobanov	PROPN
faba-46	1	28	institute	institute	PROPN
faba-46	1	29	of	of	ADP
faba-46	1	30	economics	economic	NOUN
faba-46	1	31	and	and	CCONJ
faba-46	1	32	politics	politic	NOUN
faba-46	1	33	,	,	PUNCT
faba-46	1	34	university	university	NOUN
faba-46	1	35	of	of	ADP
faba-46	1	36	national	national	ADJ
faba-46	1	37	and	and	CCONJ
faba-46	1	38	world	world	NOUN
faba-46	1	39	economy	economy	NOUN
faba-46	1	40	,	,	PUNCT
faba-46	1	41	bulgaria	bulgaria	PROPN
faba-46	1	42	info	info	NOUN
faba-46	1	43	articles	article	NOUN
faba-46	1	44	abstract	abstract	ADJ
faba-46	1	45	history	history	NOUN
faba-46	1	46	article	article	NOUN
faba-46	1	47	:	:	PUNCT
faba-46	1	48	submitted	submit	VERB
faba-46	1	49	23	23	NUM
faba-46	1	50	january	january	PROPN
faba-46	1	51	2020	2020	NUM
faba-46	1	52	revised	revise	VERB
faba-46	1	53	4	4	NUM
faba-46	1	54	march	march	NOUN
faba-46	1	55	2020	2020	NUM
faba-46	1	56	accepted	accept	VERB
faba-46	1	57	17	17	NUM
faba-46	1	58	may	may	NOUN
faba-46	1	59	2020	2020	NUM
faba-46	1	60	the	the	DET
faba-46	1	61	purpose	purpose	NOUN
faba-46	1	62	of	of	ADP
faba-46	1	63	this	this	DET
faba-46	1	64	article	article	NOUN
faba-46	1	65	is	be	AUX
faba-46	1	66	to	to	PART
faba-46	1	67	identify	identify	VERB
faba-46	1	68	the	the	DET
faba-46	1	69	benefits	benefit	NOUN
faba-46	1	70	,	,	PUNCT
faba-46	1	71	costs	cost	NOUN
faba-46	1	72	,	,	PUNCT
faba-46	1	73	and	and	CCONJ
faba-46	1	74	risks	risk	NOUN
faba-46	1	75	of	of	ADP
faba-46	1	76	bulgaria	bulgaria	PROPN
faba-46	1	77	’s	’s	PART
faba-46	1	78	accession	accession	NOUN
faba-46	1	79	to	to	ADP
faba-46	1	80	the	the	DET
faba-46	1	81	exchange	exchange	NOUN
faba-46	1	82	rate	rate	NOUN
faba-46	1	83	mechanism	mechanism	NOUN
faba-46	1	84	ii	ii	PROPN
faba-46	1	85	and	and	CCONJ
faba-46	1	86	the	the	DET
faba-46	1	87	european	european	PROPN
faba-46	1	88	banking	banking	PROPN
faba-46	1	89	union	union	PROPN
faba-46	1	90	.	.	PUNCT
faba-46	2	1	a	a	DET
faba-46	2	2	descriptive	descriptive	ADJ
faba-46	2	3	approach	approach	NOUN
faba-46	2	4	is	be	AUX
faba-46	2	5	applied	apply	VERB
faba-46	2	6	.	.	PUNCT
faba-46	3	1	the	the	DET
faba-46	3	2	main	main	ADJ
faba-46	3	3	findings	finding	NOUN
faba-46	3	4	are	be	AUX
faba-46	3	5	that	that	SCONJ
faba-46	3	6	there	there	PRON
faba-46	3	7	are	be	VERB
faba-46	3	8	costs	cost	NOUN
faba-46	3	9	and	and	CCONJ
faba-46	3	10	risks	risk	NOUN
faba-46	3	11	that	that	PRON
faba-46	3	12	are	be	AUX
faba-46	3	13	not	not	PART
faba-46	3	14	thoroughly	thoroughly	ADV
faba-46	3	15	discussed	discuss	VERB
faba-46	3	16	or	or	CCONJ
faba-46	3	17	are	be	AUX
faba-46	3	18	underestimated	underestimate	VERB
faba-46	3	19	implying	imply	VERB
faba-46	3	20	that	that	SCONJ
faba-46	3	21	the	the	DET
faba-46	3	22	net	net	ADJ
faba-46	3	23	impact	impact	NOUN
faba-46	3	24	on	on	ADP
faba-46	3	25	bulgaria	bulgaria	PROPN
faba-46	3	26	’s	’s	PART
faba-46	3	27	economy	economy	NOUN
faba-46	3	28	is	be	AUX
faba-46	3	29	not	not	PART
faba-46	3	30	definitely	definitely	ADV
faba-46	3	31	positive	positive	ADJ
faba-46	3	32	.	.	PUNCT
faba-46	4	1	identifying	identify	VERB
faba-46	4	2	the	the	DET
faba-46	4	3	effects	effect	NOUN
faba-46	4	4	of	of	ADP
faba-46	4	5	erm	erm	PROPN
faba-46	4	6	ii	ii	PROPN
faba-46	4	7	and	and	CCONJ
faba-46	4	8	european	european	PROPN
faba-46	4	9	banking	banking	PROPN
faba-46	4	10	union	union	NOUN
faba-46	4	11	participation	participation	NOUN
faba-46	4	12	is	be	AUX
faba-46	4	13	a	a	DET
faba-46	4	14	specific	specific	ADJ
faba-46	4	15	task	task	NOUN
faba-46	4	16	determined	determine	VERB
faba-46	4	17	by	by	ADP
faba-46	4	18	the	the	DET
faba-46	4	19	procedure	procedure	NOUN
faba-46	4	20	for	for	ADP
faba-46	4	21	euro	euro	NOUN
faba-46	4	22	area	area	NOUN
faba-46	4	23	accession	accession	NOUN
faba-46	4	24	applied	apply	VERB
faba-46	4	25	especially	especially	ADV
faba-46	4	26	for	for	ADP
faba-46	4	27	bulgaria	bulgaria	PROPN
faba-46	4	28	and	and	CCONJ
faba-46	4	29	croatia	croatia	PROPN
faba-46	4	30	.	.	PUNCT
faba-46	5	1	on	on	ADP
faba-46	5	2	the	the	DET
faba-46	5	3	other	other	ADJ
faba-46	5	4	hand	hand	NOUN
faba-46	5	5	,	,	PUNCT
faba-46	5	6	bulgaria	bulgaria	PROPN
faba-46	5	7	has	have	AUX
faba-46	5	8	been	be	AUX
faba-46	5	9	operating	operate	VERB
faba-46	5	10	a	a	DET
faba-46	5	11	currency	currency	NOUN
faba-46	5	12	board	board	NOUN
faba-46	5	13	arrangement	arrangement	NOUN
faba-46	5	14	for	for	ADP
faba-46	5	15	the	the	DET
faba-46	5	16	whole	whole	ADJ
faba-46	5	17	period	period	NOUN
faba-46	5	18	of	of	ADP
faba-46	5	19	existence	existence	NOUN
faba-46	5	20	of	of	ADP
faba-46	5	21	the	the	DET
faba-46	5	22	euro	euro	NOUN
faba-46	5	23	with	with	ADP
faba-46	5	24	a	a	DET
faba-46	5	25	fixed	fix	VERB
faba-46	5	26	exchange	exchange	NOUN
faba-46	5	27	rate	rate	NOUN
faba-46	5	28	of	of	ADP
faba-46	5	29	the	the	DET
faba-46	5	30	lev	lev	NOUN
faba-46	5	31	.	.	PUNCT
faba-46	6	1	a	a	DET
faba-46	6	2	descriptive	descriptive	ADJ
faba-46	6	3	and	and	CCONJ
faba-46	6	4	comparative	comparative	ADJ
faba-46	6	5	analysis	analysis	NOUN
faba-46	6	6	is	be	AUX
faba-46	6	7	made	make	VERB
faba-46	6	8	where	where	SCONJ
faba-46	6	9	effects	effect	NOUN
faba-46	6	10	are	be	AUX
faba-46	6	11	qualitatively	qualitatively	ADV
faba-46	6	12	rather	rather	ADV
faba-46	6	13	than	than	ADP
faba-46	6	14	quantitatively	quantitatively	ADV
faba-46	6	15	assessed	assess	VERB
faba-46	6	16	.	.	PUNCT
faba-46	7	1	three	three	NUM
faba-46	7	2	degrees	degree	NOUN
faba-46	7	3	of	of	ADP
faba-46	7	4	probability	probability	NOUN
faba-46	7	5	are	be	AUX
faba-46	7	6	assigned	assign	VERB
faba-46	7	7	to	to	ADP
faba-46	7	8	risks	risk	NOUN
faba-46	7	9	which	which	PRON
faba-46	7	10	are	be	AUX
faba-46	7	11	author	author	NOUN
faba-46	7	12	’s	’s	PART
faba-46	7	13	judgement	judgement	NOUN
faba-46	7	14	based	base	VERB
faba-46	7	15	on	on	ADP
faba-46	7	16	the	the	DET
faba-46	7	17	publicly	publicly	ADV
faba-46	7	18	available	available	ADJ
faba-46	7	19	information	information	NOUN
faba-46	7	20	.	.	PUNCT
faba-46	8	1	keywords	keyword	NOUN
faba-46	8	2	:	:	PUNCT
faba-46	8	3	bulgaria	bulgaria	PROPN
faba-46	8	4	,	,	PUNCT
faba-46	8	5	erm	erm	PROPN
faba-46	8	6	ii	ii	PROPN
faba-46	8	7	,	,	PUNCT
faba-46	8	8	european	european	PROPN
faba-46	8	9	banking	banking	PROPN
faba-46	8	10	union	union	PROPN
faba-46	8	11	,	,	PUNCT
faba-46	8	12	convergence	convergence	NOUN
faba-46	8	13	address	address	NOUN
faba-46	8	14	correspondence	correspondence	NOUN
faba-46	8	15	:	:	PUNCT
faba-46	9	1	e	e	X
faba-46	9	2	-	-	NOUN
faba-46	9	3	mail	mail	NOUN
faba-46	9	4	:	:	PUNCT
faba-46	9	5	chobanov@gmail.com	chobanov@gmail.com	PROPN
faba-46	9	6	dimitar	dimitar	PROPN
faba-46	9	7	chobanov	chobanov	PROPN
faba-46	9	8	/	/	SYM
faba-46	9	9	finance	finance	NOUN
faba-46	9	10	,	,	PUNCT
faba-46	9	11	accounting	accounting	NOUN
faba-46	9	12	and	and	CCONJ
faba-46	9	13	business	business	NOUN
faba-46	9	14	analysis	analysis	NOUN
faba-46	9	15	2	2	NUM
faba-46	9	16	(	(	PUNCT
faba-46	9	17	2	2	NUM
faba-46	9	18	)	)	PUNCT
faba-46	9	19	2020	2020	NUM
faba-46	9	20	128	128	NUM
faba-46	9	21	introduction	introduction	NOUN
faba-46	9	22	bulgaria	bulgaria	PROPN
faba-46	9	23	has	have	AUX
faba-46	9	24	been	be	AUX
faba-46	9	25	a	a	DET
faba-46	9	26	member	member	NOUN
faba-46	9	27	of	of	ADP
faba-46	9	28	the	the	DET
faba-46	9	29	european	european	PROPN
faba-46	9	30	union	union	PROPN
faba-46	9	31	since	since	SCONJ
faba-46	9	32	2007	2007	NUM
faba-46	9	33	with	with	ADP
faba-46	9	34	derogation	derogation	NOUN
faba-46	9	35	concerning	concern	VERB
faba-46	9	36	the	the	DET
faba-46	9	37	obligation	obligation	NOUN
faba-46	9	38	to	to	PART
faba-46	9	39	adopt	adopt	VERB
faba-46	9	40	the	the	DET
faba-46	9	41	euro	euro	NOUN
faba-46	9	42	as	as	ADP
faba-46	9	43	a	a	DET
faba-46	9	44	legal	legal	ADJ
faba-46	9	45	tender	tender	NOUN
faba-46	9	46	.	.	PUNCT
faba-46	10	1	according	accord	VERB
faba-46	10	2	to	to	ADP
faba-46	10	3	the	the	DET
faba-46	10	4	treaties	treaty	NOUN
faba-46	10	5	with	with	ADP
faba-46	10	6	the	the	DET
faba-46	10	7	eu	eu	PROPN
faba-46	10	8	it	it	PRON
faba-46	10	9	must	must	AUX
faba-46	10	10	be	be	AUX
faba-46	10	11	done	do	VERB
faba-46	10	12	but	but	CCONJ
faba-46	10	13	there	there	PRON
faba-46	10	14	is	be	VERB
faba-46	10	15	not	not	PART
faba-46	10	16	explicit	explicit	ADJ
faba-46	10	17	deadline	deadline	NOUN
faba-46	10	18	for	for	ADP
faba-46	10	19	it	it	PRON
faba-46	10	20	.	.	PUNCT
faba-46	11	1	after	after	ADP
faba-46	11	2	some	some	DET
faba-46	11	3	informal	informal	ADJ
faba-46	11	4	unsuccessful	unsuccessful	ADJ
faba-46	11	5	queries	query	NOUN
faba-46	11	6	,	,	PUNCT
faba-46	11	7	in	in	ADP
faba-46	11	8	2018	2018	NUM
faba-46	11	9	the	the	DET
faba-46	11	10	bulgarian	bulgarian	ADJ
faba-46	11	11	government	government	NOUN
faba-46	11	12	and	and	CCONJ
faba-46	11	13	the	the	DET
faba-46	11	14	central	central	ADJ
faba-46	11	15	bank	bank	NOUN
faba-46	11	16	declared	declare	VERB
faba-46	11	17	their	their	PRON
faba-46	11	18	intention	intention	NOUN
faba-46	11	19	to	to	PART
faba-46	11	20	further	far	ADV
faba-46	11	21	deepen	deepen	VERB
faba-46	11	22	the	the	DET
faba-46	11	23	eu	eu	PROPN
faba-46	11	24	integration	integration	NOUN
faba-46	11	25	by	by	ADP
faba-46	11	26	participating	participate	VERB
faba-46	11	27	in	in	ADP
faba-46	11	28	the	the	DET
faba-46	11	29	european	european	ADJ
faba-46	11	30	economic	economic	ADJ
faba-46	11	31	and	and	CCONJ
faba-46	11	32	monetary	monetary	ADJ
faba-46	11	33	union	union	NOUN
faba-46	11	34	(	(	PUNCT
faba-46	11	35	emu	emu	PROPN
faba-46	11	36	)	)	PUNCT
faba-46	11	37	.	.	PUNCT
faba-46	12	1	some	some	DET
faba-46	12	2	requirements	requirement	NOUN
faba-46	12	3	assigned	assign	VERB
faba-46	12	4	by	by	ADP
faba-46	12	5	the	the	DET
faba-46	12	6	european	european	PROPN
faba-46	12	7	commission	commission	PROPN
faba-46	12	8	and	and	CCONJ
faba-46	12	9	the	the	DET
faba-46	12	10	european	european	PROPN
faba-46	12	11	central	central	PROPN
faba-46	12	12	bank	bank	PROPN
faba-46	12	13	had	have	VERB
faba-46	12	14	to	to	PART
faba-46	12	15	be	be	AUX
faba-46	12	16	met	meet	VERB
faba-46	12	17	to	to	PART
faba-46	12	18	give	give	VERB
faba-46	12	19	consent	consent	NOUN
faba-46	12	20	.	.	PUNCT
faba-46	13	1	they	they	PRON
faba-46	13	2	were	be	AUX
faba-46	13	3	in	in	ADP
faba-46	13	4	areas	area	NOUN
faba-46	13	5	of	of	ADP
faba-46	13	6	banking	banking	NOUN
faba-46	13	7	and	and	CCONJ
faba-46	13	8	non	non	ADJ
faba-46	13	9	-	-	ADJ
faba-46	13	10	banking	banking	ADJ
faba-46	13	11	financial	financial	ADJ
faba-46	13	12	supervision	supervision	NOUN
faba-46	13	13	,	,	PUNCT
faba-46	13	14	macroprudential	macroprudential	ADJ
faba-46	13	15	framework	framework	NOUN
faba-46	13	16	,	,	PUNCT
faba-46	13	17	governance	governance	NOUN
faba-46	13	18	of	of	ADP
faba-46	13	19	state	state	NOUN
faba-46	13	20	-	-	PUNCT
faba-46	13	21	owned	own	VERB
faba-46	13	22	enterprises	enterprise	NOUN
faba-46	13	23	,	,	PUNCT
faba-46	13	24	money	money	NOUN
faba-46	13	25	laundering	laundering	NOUN
faba-46	13	26	and	and	CCONJ
faba-46	13	27	insolvency	insolvency	NOUN
faba-46	13	28	framework	framework	NOUN
faba-46	13	29	.	.	PUNCT
faba-46	14	1	at	at	ADP
faba-46	14	2	the	the	DET
faba-46	14	3	same	same	ADJ
faba-46	14	4	time	time	NOUN
faba-46	14	5	additional	additional	ADJ
faba-46	14	6	requirement	requirement	NOUN
faba-46	14	7	was	be	AUX
faba-46	14	8	set	set	VERB
faba-46	14	9	to	to	ADP
faba-46	14	10	bulgaria	bulgaria	PROPN
faba-46	14	11	to	to	PART
faba-46	14	12	join	join	VERB
faba-46	14	13	the	the	DET
faba-46	14	14	european	european	PROPN
faba-46	14	15	banking	banking	PROPN
faba-46	14	16	union	union	PROPN
faba-46	14	17	simultaneously	simultaneously	ADV
faba-46	14	18	to	to	ADP
faba-46	14	19	erm	erm	PROPN
faba-46	14	20	ii	ii	PROPN
faba-46	14	21	before	before	ADP
faba-46	14	22	becoming	become	VERB
faba-46	14	23	a	a	DET
faba-46	14	24	member	member	NOUN
faba-46	14	25	of	of	ADP
faba-46	14	26	the	the	DET
faba-46	14	27	euro	euro	PROPN
faba-46	14	28	area	area	NOUN
faba-46	14	29	.	.	PUNCT
faba-46	15	1	meeting	meet	VERB
faba-46	15	2	the	the	DET
faba-46	15	3	latter	latter	ADJ
faba-46	15	4	required	require	VERB
faba-46	15	5	implementation	implementation	NOUN
faba-46	15	6	of	of	ADP
faba-46	15	7	asset	asset	NOUN
faba-46	15	8	quality	quality	NOUN
faba-46	15	9	review	review	NOUN
faba-46	15	10	and	and	CCONJ
faba-46	15	11	stress	stress	NOUN
faba-46	15	12	test	test	NOUN
faba-46	15	13	of	of	ADP
faba-46	15	14	part	part	NOUN
faba-46	15	15	of	of	ADP
faba-46	15	16	bulgaria	bulgaria	PROPN
faba-46	15	17	’s	’s	PART
faba-46	15	18	banking	banking	NOUN
faba-46	15	19	system	system	NOUN
faba-46	15	20	by	by	ADP
faba-46	15	21	affirmed	affirm	VERB
faba-46	15	22	by	by	ADP
faba-46	15	23	ecb	ecb	PROPN
faba-46	15	24	methodology	methodology	PROPN
faba-46	15	25	.	.	PUNCT
faba-46	16	1	six	six	NUM
faba-46	16	2	banks	bank	NOUN
faba-46	16	3	were	be	AUX
faba-46	16	4	selected	select	VERB
faba-46	16	5	and	and	CCONJ
faba-46	16	6	reviewed	review	VERB
faba-46	16	7	.	.	PUNCT
faba-46	17	1	for	for	ADP
faba-46	17	2	two	two	NUM
faba-46	17	3	of	of	ADP
faba-46	17	4	them	they	PRON
faba-46	17	5	stress	stress	NOUN
faba-46	17	6	test	test	NOUN
faba-46	17	7	showed	show	VERB
faba-46	17	8	capital	capital	NOUN
faba-46	17	9	deficiencies	deficiency	NOUN
faba-46	17	10	applying	apply	VERB
faba-46	17	11	the	the	DET
faba-46	17	12	worst	bad	ADJ
faba-46	17	13	-	-	PUNCT
faba-46	17	14	case	case	NOUN
faba-46	17	15	scenario	scenario	NOUN
faba-46	17	16	.	.	PUNCT
faba-46	18	1	this	this	PRON
faba-46	18	2	imposed	impose	VERB
faba-46	18	3	raising	raise	VERB
faba-46	18	4	additional	additional	ADJ
faba-46	18	5	capital	capital	NOUN
faba-46	18	6	for	for	ADP
faba-46	18	7	both	both	DET
faba-46	18	8	banks	bank	NOUN
faba-46	18	9	.	.	PUNCT
faba-46	19	1	the	the	DET
faba-46	19	2	process	process	NOUN
faba-46	19	3	was	be	AUX
faba-46	19	4	completed	complete	VERB
faba-46	19	5	in	in	ADP
faba-46	19	6	the	the	DET
faba-46	19	7	beginning	beginning	NOUN
faba-46	19	8	of	of	ADP
faba-46	19	9	july	july	PROPN
faba-46	19	10	2020	2020	NUM
faba-46	19	11	.	.	PUNCT
faba-46	20	1	thus	thus	ADV
faba-46	20	2	,	,	PUNCT
faba-46	20	3	on	on	ADP
faba-46	20	4	july	july	PROPN
faba-46	20	5	10th	10th	NUM
faba-46	20	6	,	,	PUNCT
faba-46	20	7	2020	2020	NUM
faba-46	20	8	ministers	minister	NOUN
faba-46	20	9	of	of	ADP
faba-46	20	10	finance	finance	NOUN
faba-46	20	11	of	of	ADP
faba-46	20	12	the	the	DET
faba-46	20	13	euro	euro	PROPN
faba-46	20	14	area	area	NOUN
faba-46	20	15	countries	country	NOUN
faba-46	20	16	plus	plus	CCONJ
faba-46	20	17	denmark	denmark	VERB
faba-46	20	18	together	together	ADV
faba-46	20	19	with	with	ADP
faba-46	20	20	the	the	DET
faba-46	20	21	presidents	president	NOUN
faba-46	20	22	of	of	ADP
faba-46	20	23	the	the	DET
faba-46	20	24	ecb	ecb	NOUN
faba-46	20	25	and	and	CCONJ
faba-46	20	26	the	the	DET
faba-46	20	27	danish	danish	PROPN
faba-46	20	28	central	central	PROPN
faba-46	20	29	bank	bank	PROPN
faba-46	20	30	decided	decide	VERB
faba-46	20	31	that	that	SCONJ
faba-46	20	32	bulgaria	bulgaria	PROPN
faba-46	20	33	meet	meet	VERB
faba-46	20	34	all	all	DET
faba-46	20	35	the	the	DET
faba-46	20	36	requirements	requirement	NOUN
faba-46	20	37	.	.	PUNCT
faba-46	21	1	since	since	SCONJ
faba-46	21	2	july	july	PROPN
faba-46	21	3	13th	13th	NOUN
faba-46	21	4	,	,	PUNCT
faba-46	21	5	2020	2020	NUM
faba-46	21	6	bulgarian	bulgarian	ADJ
faba-46	21	7	lev	lev	NOUN
faba-46	21	8	has	have	AUX
faba-46	21	9	been	be	AUX
faba-46	21	10	participating	participate	VERB
faba-46	21	11	in	in	ADP
faba-46	21	12	the	the	DET
faba-46	21	13	exchange	exchange	NOUN
faba-46	21	14	rate	rate	NOUN
faba-46	21	15	mechanism	mechanism	NOUN
faba-46	21	16	ii	ii	PROPN
faba-46	21	17	with	with	ADP
faba-46	21	18	central	central	ADJ
faba-46	21	19	parity	parity	NOUN
faba-46	21	20	of	of	ADP
faba-46	21	21	1.95583	1.95583	NUM
faba-46	21	22	lev	lev	NOUN
faba-46	21	23	per	per	ADP
faba-46	21	24	euro	euro	NOUN
faba-46	21	25	.	.	PUNCT
faba-46	22	1	the	the	DET
faba-46	22	2	compulsory	compulsory	ADJ
faba-46	22	3	intervention	intervention	NOUN
faba-46	22	4	rates	rate	NOUN
faba-46	22	5	have	have	AUX
faba-46	22	6	been	be	AUX
faba-46	22	7	agreed	agree	VERB
faba-46	22	8	with	with	ADP
faba-46	22	9	upper	upper	ADJ
faba-46	22	10	limit	limit	NOUN
faba-46	22	11	of	of	ADP
faba-46	22	12	2.24920	2.24920	NUM
faba-46	22	13	levs	levs	NOUN
faba-46	22	14	per	per	ADP
faba-46	22	15	euro	euro	NOUN
faba-46	22	16	and	and	CCONJ
faba-46	22	17	lower	low	ADJ
faba-46	22	18	limit	limit	NOUN
faba-46	22	19	of	of	ADP
faba-46	22	20	1.66246	1.66246	NUM
faba-46	22	21	levs	levs	NOUN
faba-46	22	22	per	per	ADP
faba-46	22	23	euro	euro	PROPN
faba-46	22	24	.	.	PUNCT
faba-46	23	1	bulgaria	bulgaria	PROPN
faba-46	23	2	preserves	preserve	VERB
faba-46	23	3	its	its	PRON
faba-46	23	4	currency	currency	NOUN
faba-46	23	5	board	board	NOUN
faba-46	23	6	arrangement	arrangement	NOUN
faba-46	23	7	and	and	CCONJ
faba-46	23	8	unilaterally	unilaterally	ADV
faba-46	23	9	commits	commit	VERB
faba-46	23	10	to	to	PART
faba-46	23	11	maintain	maintain	VERB
faba-46	23	12	its	its	PRON
faba-46	23	13	fixed	fix	VERB
faba-46	23	14	exchange	exchange	NOUN
faba-46	23	15	rate	rate	NOUN
faba-46	23	16	of	of	ADP
faba-46	23	17	1.95583	1.95583	NUM
faba-46	23	18	levs	levs	NOUN
faba-46	23	19	per	per	ADP
faba-46	23	20	euro	euro	NOUN
faba-46	23	21	without	without	ADP
faba-46	23	22	commitment	commitment	NOUN
faba-46	23	23	for	for	ADP
faba-46	23	24	this	this	PRON
faba-46	23	25	by	by	ADP
faba-46	23	26	the	the	DET
faba-46	23	27	ecb	ecb	NOUN
faba-46	23	28	.	.	PUNCT
faba-46	24	1	apart	apart	ADV
faba-46	24	2	from	from	ADP
faba-46	24	3	this	this	PRON
faba-46	24	4	starting	start	VERB
faba-46	24	5	from	from	ADP
faba-46	24	6	october	october	PROPN
faba-46	24	7	1st	1st	NOUN
faba-46	24	8	,	,	PUNCT
faba-46	24	9	2020	2020	NUM
faba-46	24	10	bulgaria	bulgaria	PROPN
faba-46	24	11	joins	join	VERB
faba-46	24	12	the	the	DET
faba-46	24	13	european	european	PROPN
faba-46	24	14	banking	banking	PROPN
faba-46	24	15	union	union	PROPN
faba-46	24	16	by	by	ADP
faba-46	24	17	close	close	ADJ
faba-46	24	18	cooperation	cooperation	NOUN
faba-46	24	19	.	.	PUNCT
faba-46	25	1	until	until	ADP
faba-46	25	2	then	then	ADV
faba-46	25	3	an	an	DET
faba-46	25	4	assessment	assessment	NOUN
faba-46	25	5	of	of	ADP
faba-46	25	6	significant	significant	ADJ
faba-46	25	7	credit	credit	NOUN
faba-46	25	8	institutions	institution	NOUN
faba-46	25	9	will	will	AUX
faba-46	25	10	be	be	AUX
faba-46	25	11	made	make	VERB
faba-46	25	12	to	to	PART
faba-46	25	13	identify	identify	VERB
faba-46	25	14	banks	bank	NOUN
faba-46	25	15	that	that	PRON
faba-46	25	16	will	will	AUX
faba-46	25	17	be	be	AUX
faba-46	25	18	under	under	ADP
faba-46	25	19	ecb	ecb	NOUN
faba-46	25	20	’s	’s	PART
faba-46	25	21	direct	direct	ADJ
faba-46	25	22	supervision	supervision	NOUN
faba-46	25	23	.	.	PUNCT
faba-46	26	1	there	there	PRON
faba-46	26	2	is	be	VERB
faba-46	26	3	a	a	DET
faba-46	26	4	great	great	ADJ
faba-46	26	5	number	number	NOUN
faba-46	26	6	of	of	ADP
faba-46	26	7	studies	study	NOUN
faba-46	26	8	about	about	ADP
faba-46	26	9	the	the	DET
faba-46	26	10	benefits	benefit	NOUN
faba-46	26	11	and	and	CCONJ
faba-46	26	12	costs	cost	NOUN
faba-46	26	13	of	of	ADP
faba-46	26	14	countries	country	NOUN
faba-46	26	15	’	'	PUNCT
faba-46	26	16	participation	participation	NOUN
faba-46	26	17	in	in	ADP
faba-46	26	18	the	the	DET
faba-46	26	19	euro	euro	PROPN
faba-46	26	20	area	area	NOUN
faba-46	26	21	.	.	PUNCT
faba-46	27	1	for	for	ADP
faba-46	27	2	example	example	NOUN
faba-46	27	3	,	,	PUNCT
faba-46	27	4	hristozov	hristozov	NOUN
faba-46	27	5	(	(	PUNCT
faba-46	27	6	2019	2019	NUM
faba-46	27	7	)	)	PUNCT
faba-46	27	8	explores	explore	VERB
faba-46	27	9	the	the	DET
faba-46	27	10	problem	problem	NOUN
faba-46	27	11	of	of	ADP
faba-46	27	12	possible	possible	ADJ
faba-46	27	13	change	change	NOUN
faba-46	27	14	in	in	ADP
faba-46	27	15	the	the	DET
faba-46	27	16	rate	rate	NOUN
faba-46	27	17	of	of	ADP
faba-46	27	18	inflation	inflation	NOUN
faba-46	27	19	.	.	PUNCT
faba-46	28	1	however	however	ADV
faba-46	28	2	,	,	PUNCT
faba-46	28	3	there	there	PRON
faba-46	28	4	are	be	VERB
faba-46	28	5	not	not	PART
faba-46	28	6	such	such	ADJ
faba-46	28	7	estimations	estimation	NOUN
faba-46	28	8	about	about	ADP
faba-46	28	9	the	the	DET
faba-46	28	10	preparatory	preparatory	ADJ
faba-46	28	11	phase	phase	NOUN
faba-46	28	12	.	.	PUNCT
faba-46	29	1	the	the	DET
faba-46	29	2	purpose	purpose	NOUN
faba-46	29	3	of	of	ADP
faba-46	29	4	this	this	DET
faba-46	29	5	paper	paper	NOUN
faba-46	29	6	is	be	AUX
faba-46	29	7	to	to	PART
faba-46	29	8	identify	identify	VERB
faba-46	29	9	the	the	DET
faba-46	29	10	main	main	ADJ
faba-46	29	11	economic	economic	ADJ
faba-46	29	12	impacts	impact	NOUN
faba-46	29	13	including	include	VERB
faba-46	29	14	risks	risk	NOUN
faba-46	29	15	of	of	ADP
faba-46	29	16	bulgaria	bulgaria	PROPN
faba-46	29	17	’s	’s	PART
faba-46	29	18	participation	participation	NOUN
faba-46	29	19	in	in	ADP
faba-46	29	20	the	the	DET
faba-46	29	21	erm	erm	PROPN
faba-46	29	22	ii	ii	PROPN
faba-46	29	23	and	and	CCONJ
faba-46	29	24	the	the	DET
faba-46	29	25	european	european	PROPN
faba-46	29	26	banking	banking	PROPN
faba-46	29	27	union	union	PROPN
faba-46	29	28	.	.	PUNCT
faba-46	30	1	in	in	ADP
faba-46	30	2	bulgaria	bulgaria	PROPN
faba-46	30	3	,	,	PUNCT
faba-46	30	4	such	such	ADJ
faba-46	30	5	discussion	discussion	NOUN
faba-46	30	6	has	have	AUX
faba-46	30	7	n’t	not	PART
faba-46	30	8	been	be	AUX
faba-46	30	9	carried	carry	VERB
faba-46	30	10	out	out	ADP
faba-46	30	11	and	and	CCONJ
faba-46	30	12	thus	thus	ADV
faba-46	30	13	risks	risk	NOUN
faba-46	30	14	have	have	AUX
faba-46	30	15	been	be	AUX
faba-46	30	16	neglected	neglect	VERB
faba-46	30	17	and	and	CCONJ
faba-46	30	18	underestimated	underestimate	VERB
faba-46	30	19	.	.	PUNCT
faba-46	31	1	review	review	NOUN
faba-46	31	2	of	of	ADP
faba-46	31	3	literature	literature	NOUN
faba-46	31	4	the	the	DET
faba-46	31	5	impact	impact	NOUN
faba-46	31	6	of	of	ADP
faba-46	31	7	emu	emu	PROPN
faba-46	31	8	participation	participation	NOUN
faba-46	31	9	has	have	AUX
faba-46	31	10	been	be	AUX
faba-46	31	11	broadly	broadly	ADV
faba-46	31	12	studied	study	VERB
faba-46	31	13	.	.	PUNCT
faba-46	32	1	this	this	DET
faba-46	32	2	analysis	analysis	NOUN
faba-46	32	3	includes	include	VERB
faba-46	32	4	all	all	DET
faba-46	32	5	phases	phase	NOUN
faba-46	32	6	–	–	PUNCT
faba-46	32	7	preparatory	preparatory	NOUN
faba-46	32	8	,	,	PUNCT
faba-46	32	9	period	period	NOUN
faba-46	32	10	at	at	ADP
faba-46	32	11	the	the	DET
faba-46	32	12	erm	erm	PROPN
faba-46	32	13	ii	ii	PROPN
faba-46	32	14	,	,	PUNCT
faba-46	32	15	and	and	CCONJ
faba-46	32	16	the	the	DET
faba-46	32	17	actual	actual	ADJ
faba-46	32	18	euro	euro	PROPN
faba-46	32	19	area	area	NOUN
faba-46	32	20	membership	membership	NOUN
faba-46	32	21	.	.	PUNCT
faba-46	33	1	the	the	DET
faba-46	33	2	preparatory	preparatory	NOUN
faba-46	33	3	and	and	CCONJ
faba-46	33	4	erm	erm	PROPN
faba-46	33	5	ii	ii	PROPN
faba-46	33	6	phases	phase	NOUN
faba-46	33	7	themselves	themselves	PRON
faba-46	33	8	are	be	AUX
faba-46	33	9	not	not	PART
faba-46	33	10	usual	usual	ADJ
faba-46	33	11	subjects	subject	NOUN
faba-46	33	12	for	for	ADP
faba-46	33	13	a	a	DET
faba-46	33	14	separate	separate	ADJ
faba-46	33	15	research	research	NOUN
faba-46	33	16	.	.	PUNCT
faba-46	34	1	(	(	PUNCT
faba-46	34	2	backe	backe	PROPN
faba-46	34	3	et	et	PROPN
faba-46	34	4	.	.	PUNCT
faba-46	35	1	al	al	PROPN
faba-46	35	2	2004	2004	NUM
faba-46	35	3	)	)	PUNCT
faba-46	35	4	points	point	VERB
faba-46	35	5	out	out	ADP
faba-46	35	6	that	that	SCONJ
faba-46	35	7	the	the	DET
faba-46	35	8	countries	country	NOUN
faba-46	35	9	that	that	PRON
faba-46	35	10	aim	aim	VERB
faba-46	35	11	the	the	DET
faba-46	35	12	introducing	introduce	VERB
faba-46	35	13	the	the	DET
faba-46	35	14	euro	euro	NOUN
faba-46	35	15	in	in	ADP
faba-46	35	16	the	the	DET
faba-46	35	17	medium	medium	ADJ
faba-46	35	18	term	term	NOUN
faba-46	35	19	issues	issue	NOUN
faba-46	35	20	related	relate	VERB
faba-46	35	21	to	to	ADP
faba-46	35	22	the	the	DET
faba-46	35	23	erm	erm	PROPN
faba-46	35	24	ii	ii	PROPN
faba-46	35	25	participation	participation	NOUN
faba-46	35	26	could	could	AUX
faba-46	35	27	be	be	AUX
faba-46	35	28	quite	quite	ADV
faba-46	35	29	different	different	ADJ
faba-46	35	30	than	than	ADP
faba-46	35	31	the	the	DET
faba-46	35	32	issues	issue	NOUN
faba-46	35	33	concerning	concern	VERB
faba-46	35	34	countries	country	NOUN
faba-46	35	35	with	with	ADP
faba-46	35	36	more	more	ADV
faba-46	35	37	distant	distant	ADJ
faba-46	35	38	prospect	prospect	NOUN
faba-46	35	39	.	.	PUNCT
faba-46	36	1	their	their	PRON
faba-46	36	2	analysis	analysis	NOUN
faba-46	36	3	reviews	review	VERB
faba-46	36	4	the	the	DET
faba-46	36	5	considerations	consideration	NOUN
faba-46	36	6	underlying	underlie	VERB
faba-46	36	7	the	the	DET
faba-46	36	8	erm	erm	PROPN
faba-46	36	9	ii	ii	PROPN
faba-46	36	10	participation	participation	NOUN
faba-46	36	11	.	.	PUNCT
faba-46	37	1	erm	erm	PROPN
faba-46	37	2	ii	ii	PROPN
faba-46	37	3	has	have	AUX
faba-46	37	4	been	be	AUX
faba-46	37	5	often	often	ADV
faba-46	37	6	perceived	perceive	VERB
faba-46	37	7	as	as	ADP
faba-46	37	8	a	a	DET
faba-46	37	9	“	"	PUNCT
faba-46	37	10	waiting	waiting	NOUN
faba-46	37	11	room	room	NOUN
faba-46	37	12	”	"	PUNCT
faba-46	37	13	that	that	PRON
faba-46	37	14	offers	offer	VERB
faba-46	37	15	at	at	ADP
faba-46	37	16	best	good	ADJ
faba-46	37	17	little	little	ADJ
faba-46	37	18	value	value	NOUN
faba-46	37	19	-	-	PUNCT
faba-46	37	20	added	add	VERB
faba-46	37	21	and	and	CCONJ
faba-46	37	22	may	may	AUX
faba-46	37	23	even	even	ADV
faba-46	37	24	entail	entail	VERB
faba-46	37	25	certain	certain	ADJ
faba-46	37	26	risks	risk	NOUN
faba-46	37	27	(	(	PUNCT
faba-46	37	28	backe	backe	PROPN
faba-46	37	29	et	et	PROPN
faba-46	37	30	.	.	PUNCT
faba-46	38	1	al	al	PROPN
faba-46	38	2	2004	2004	NUM
faba-46	38	3	)	)	PUNCT
faba-46	38	4	.	.	PUNCT
faba-46	39	1	most	most	ADJ
faba-46	39	2	countries	country	NOUN
faba-46	39	3	’	'	PUNCT
faba-46	39	4	plan	plan	VERB
faba-46	39	5	the	the	DET
faba-46	39	6	minimum	minimum	ADJ
faba-46	39	7	possible	possible	ADJ
faba-46	39	8	duration	duration	NOUN
faba-46	39	9	(	(	PUNCT
faba-46	39	10	2	2	NUM
faba-46	39	11	-	-	SYM
faba-46	39	12	3	3	NUM
faba-46	39	13	years	year	NOUN
faba-46	39	14	)	)	PUNCT
faba-46	39	15	,	,	PUNCT
faba-46	39	16	with	with	ADP
faba-46	39	17	relatively	relatively	ADV
faba-46	39	18	narrow	narrow	ADJ
faba-46	39	19	limits	limit	NOUN
faba-46	39	20	of	of	ADP
faba-46	39	21	exchange	exchange	NOUN
faba-46	39	22	rate	rate	NOUN
faba-46	39	23	variation	variation	NOUN
faba-46	39	24	and	and	CCONJ
faba-46	39	25	a	a	DET
faba-46	39	26	central	central	ADJ
faba-46	39	27	rate	rate	NOUN
faba-46	39	28	that	that	PRON
faba-46	39	29	eventually	eventually	ADV
faba-46	39	30	will	will	AUX
faba-46	39	31	be	be	AUX
faba-46	39	32	the	the	DET
faba-46	39	33	conversion	conversion	NOUN
faba-46	39	34	rate	rate	NOUN
faba-46	39	35	.	.	PUNCT
faba-46	40	1	erm	erm	PROPN
faba-46	40	2	ii	ii	PROPN
faba-46	40	3	is	be	AUX
faba-46	40	4	seen	see	VERB
faba-46	40	5	as	as	ADP
faba-46	40	6	a	a	DET
faba-46	40	7	mechanism	mechanism	NOUN
faba-46	40	8	that	that	PRON
faba-46	40	9	does	do	AUX
faba-46	40	10	not	not	PART
faba-46	40	11	necessarily	necessarily	ADV
faba-46	40	12	provide	provide	VERB
faba-46	40	13	discipline	discipline	NOUN
faba-46	40	14	,	,	PUNCT
faba-46	40	15	credibility	credibility	NOUN
faba-46	40	16	,	,	PUNCT
faba-46	40	17	adjustability	adjustability	NOUN
faba-46	40	18	,	,	PUNCT
faba-46	40	19	and	and	CCONJ
faba-46	40	20	multilateralism	multilateralism	NOUN
faba-46	40	21	.	.	PUNCT
faba-46	41	1	they	they	PRON
faba-46	41	2	see	see	VERB
faba-46	41	3	little	little	ADJ
faba-46	41	4	disciplinary	disciplinary	ADJ
faba-46	41	5	effect	effect	NOUN
faba-46	41	6	from	from	ADP
faba-46	41	7	erm	erm	PROPN
faba-46	41	8	ii	ii	PROPN
faba-46	41	9	membership	membership	NOUN
faba-46	41	10	.	.	PUNCT
faba-46	42	1	it	it	PRON
faba-46	42	2	is	be	AUX
faba-46	42	3	considered	consider	VERB
faba-46	42	4	as	as	ADP
faba-46	42	5	an	an	DET
faba-46	42	6	intermediate	intermediate	ADJ
faba-46	42	7	exchange	exchange	NOUN
faba-46	42	8	rate	rate	NOUN
faba-46	42	9	regime	regime	NOUN
faba-46	42	10	with	with	ADP
faba-46	42	11	increased	increase	VERB
faba-46	42	12	risk	risk	NOUN
faba-46	42	13	of	of	ADP
faba-46	42	14	speculative	speculative	ADJ
faba-46	42	15	attacks	attack	NOUN
faba-46	42	16	.	.	PUNCT
faba-46	43	1	the	the	DET
faba-46	43	2	standard	standard	ADJ
faba-46	43	3	interval	interval	NOUN
faba-46	43	4	of	of	ADP
faba-46	43	5	+	+	NOUN
faba-46	43	6	/-15	/-15	NOUN
faba-46	43	7	%	%	NOUN
faba-46	43	8	is	be	AUX
faba-46	43	9	perceived	perceive	VERB
faba-46	43	10	as	as	ADP
faba-46	43	11	too	too	ADV
faba-46	43	12	broad	broad	ADJ
faba-46	43	13	implying	implying	ADJ
faba-46	43	14	large	large	ADJ
faba-46	43	15	exchange	exchange	NOUN
faba-46	43	16	rate	rate	NOUN
faba-46	43	17	fluctuations	fluctuation	NOUN
faba-46	43	18	.	.	PUNCT
faba-46	44	1	there	there	PRON
faba-46	44	2	is	be	VERB
faba-46	44	3	also	also	ADV
faba-46	44	4	uncertainty	uncertainty	NOUN
faba-46	44	5	about	about	ADP
faba-46	44	6	the	the	DET
faba-46	44	7	involvement	involvement	NOUN
faba-46	44	8	of	of	ADP
faba-46	44	9	the	the	DET
faba-46	44	10	ecb	ecb	NOUN
faba-46	44	11	in	in	ADP
faba-46	44	12	the	the	DET
faba-46	44	13	coordinated	coordinated	ADJ
faba-46	44	14	intra	intra	ADJ
faba-46	44	15	-	-	ADJ
faba-46	44	16	marginal	marginal	ADJ
faba-46	44	17	interventions	intervention	NOUN
faba-46	44	18	.	.	PUNCT
faba-46	45	1	according	accord	VERB
faba-46	45	2	to	to	ADP
faba-46	45	3	the	the	DET
faba-46	45	4	pre	pre	ADJ
faba-46	45	5	-	-	ADJ
faba-46	45	6	accession	accession	ADJ
faba-46	45	7	economic	economic	ADJ
faba-46	45	8	program	program	NOUN
faba-46	45	9	2003	2003	NUM
faba-46	45	10	of	of	ADP
faba-46	45	11	the	the	DET
faba-46	45	12	czech	czech	PROPN
faba-46	45	13	republic	republic	NOUN
faba-46	45	14	the	the	DET
faba-46	45	15	participation	participation	NOUN
faba-46	45	16	of	of	ADP
faba-46	45	17	the	the	DET
faba-46	45	18	currency	currency	NOUN
faba-46	45	19	at	at	ADP
faba-46	45	20	the	the	DET
faba-46	45	21	erm	erm	PROPN
faba-46	45	22	ii	ii	PROPN
faba-46	45	23	does	do	AUX
faba-46	45	24	not	not	PART
faba-46	45	25	eliminate	eliminate	VERB
faba-46	45	26	monetary	monetary	ADJ
faba-46	45	27	turbulence	turbulence	NOUN
faba-46	45	28	.	.	PUNCT
faba-46	46	1	the	the	DET
faba-46	46	2	eurosystem	eurosystem	NOUN
faba-46	46	3	position	position	NOUN
faba-46	46	4	is	be	AUX
faba-46	46	5	that	that	SCONJ
faba-46	46	6	countries	country	NOUN
faba-46	46	7	should	should	AUX
faba-46	46	8	join	join	VERB
faba-46	46	9	the	the	DET
faba-46	46	10	mechanism	mechanism	NOUN
faba-46	46	11	when	when	SCONJ
faba-46	46	12	they	they	PRON
faba-46	46	13	have	have	AUX
faba-46	46	14	achieved	achieve	VERB
faba-46	46	15	a	a	DET
faba-46	46	16	sufficient	sufficient	ADJ
faba-46	46	17	level	level	NOUN
faba-46	46	18	of	of	ADP
faba-46	46	19	nominal	nominal	ADJ
faba-46	46	20	and	and	CCONJ
faba-46	46	21	real	real	ADJ
faba-46	46	22	convergence	convergence	NOUN
faba-46	46	23	and	and	CCONJ
faba-46	46	24	have	have	VERB
faba-46	46	25	economic	economic	ADJ
faba-46	46	26	policies	policy	NOUN
faba-46	46	27	and	and	CCONJ
faba-46	46	28	structures	structure	NOUN
faba-46	46	29	consistent	consistent	ADJ
faba-46	46	30	with	with	ADP
faba-46	46	31	this	this	DET
faba-46	46	32	regime	regime	NOUN
faba-46	46	33	.	.	PUNCT
faba-46	47	1	it	it	PRON
faba-46	47	2	also	also	ADV
faba-46	47	3	can	can	AUX
faba-46	47	4	help	help	VERB
faba-46	47	5	manage	manage	VERB
faba-46	47	6	the	the	DET
faba-46	47	7	expectations	expectation	NOUN
faba-46	47	8	and	and	CCONJ
faba-46	47	9	consolidate	consolidate	VERB
faba-46	47	10	economic	economic	ADJ
faba-46	47	11	policies	policy	NOUN
faba-46	47	12	for	for	ADP
faba-46	47	13	promoting	promote	VERB
faba-46	47	14	stability	stability	NOUN
faba-46	47	15	and	and	CCONJ
faba-46	47	16	convergence	convergence	NOUN
faba-46	47	17	.	.	PUNCT
faba-46	48	1	erm	erm	PROPN
faba-46	48	2	ii	ii	PROPN
faba-46	48	3	is	be	AUX
faba-46	48	4	a	a	DET
faba-46	48	5	voluntary	voluntary	ADJ
faba-46	48	6	arrangement	arrangement	NOUN
faba-46	48	7	of	of	ADP
faba-46	48	8	fixed	fix	VERB
faba-46	48	9	but	but	CCONJ
faba-46	48	10	adjustable	adjustable	ADJ
faba-46	48	11	central	central	ADJ
faba-46	48	12	parities	parity	NOUN
faba-46	48	13	.	.	PUNCT
faba-46	49	1	it	it	PRON
faba-46	49	2	also	also	ADV
faba-46	49	3	leaves	leave	VERB
faba-46	49	4	some	some	DET
faba-46	49	5	room	room	NOUN
faba-46	49	6	to	to	ADP
faba-46	49	7	accommodative	accommodative	ADJ
faba-46	49	8	policies	policy	NOUN
faba-46	49	9	.	.	PUNCT
faba-46	50	1	it	it	PRON
faba-46	50	2	is	be	AUX
faba-46	50	3	also	also	ADV
faba-46	50	4	multilateral	multilateral	ADJ
faba-46	50	5	meaning	meaning	NOUN
faba-46	50	6	that	that	SCONJ
faba-46	50	7	decisions	decision	NOUN
faba-46	50	8	are	be	AUX
faba-46	50	9	taken	take	VERB
faba-46	50	10	on	on	ADP
faba-46	50	11	a	a	DET
faba-46	50	12	case	case	NOUN
faba-46	50	13	-	-	PUNCT
faba-46	50	14	by	by	ADP
faba-46	50	15	-	-	PUNCT
faba-46	50	16	case	case	NOUN
faba-46	50	17	basis	basis	NOUN
faba-46	50	18	on	on	ADP
faba-46	50	19	a	a	DET
faba-46	50	20	mutual	mutual	ADJ
faba-46	50	21	agreement	agreement	NOUN
faba-46	50	22	of	of	ADP
faba-46	50	23	all	all	DET
faba-46	50	24	the	the	DET
faba-46	50	25	parties	party	NOUN
faba-46	50	26	involved	involve	VERB
faba-46	50	27	.	.	PUNCT
faba-46	51	1	if	if	SCONJ
faba-46	51	2	national	national	ADJ
faba-46	51	3	policies	policy	NOUN
faba-46	51	4	are	be	AUX
faba-46	51	5	inconsistent	inconsistent	ADJ
faba-46	51	6	with	with	ADP
faba-46	51	7	the	the	DET
faba-46	51	8	sustainability	sustainability	NOUN
faba-46	51	9	of	of	ADP
faba-46	51	10	the	the	DET
faba-46	51	11	central	central	ADJ
faba-46	51	12	parity	parity	NOUN
faba-46	51	13	,	,	PUNCT
faba-46	51	14	the	the	DET
faba-46	51	15	first	first	ADJ
faba-46	51	16	option	option	NOUN
faba-46	51	17	for	for	ADP
faba-46	51	18	parties	party	NOUN
faba-46	51	19	involved	involve	VERB
faba-46	51	20	is	be	AUX
faba-46	51	21	to	to	PART
faba-46	51	22	try	try	VERB
faba-46	51	23	making	make	VERB
faba-46	51	24	the	the	DET
faba-46	51	25	country	country	NOUN
faba-46	51	26	’s	’s	PART
faba-46	51	27	authorities	authority	NOUN
faba-46	51	28	change	change	VERB
faba-46	51	29	these	these	DET
faba-46	51	30	policies	policy	NOUN
faba-46	51	31	.	.	PUNCT
faba-46	52	1	the	the	DET
faba-46	52	2	other	other	ADJ
faba-46	52	3	option	option	NOUN
faba-46	52	4	is	be	AUX
faba-46	52	5	to	to	PART
faba-46	52	6	change	change	VERB
faba-46	52	7	the	the	DET
faba-46	52	8	central	central	ADJ
faba-46	52	9	parity	parity	NOUN
faba-46	52	10	.	.	PUNCT
faba-46	53	1	erm	erm	PROPN
faba-46	53	2	ii	ii	PROPN
faba-46	53	3	is	be	AUX
faba-46	53	4	a	a	DET
faba-46	53	5	medium	medium	NOUN
faba-46	53	6	of	of	ADP
faba-46	53	7	preserving	preserve	VERB
faba-46	53	8	and	and	CCONJ
faba-46	53	9	even	even	ADV
faba-46	53	10	intensifying	intensify	VERB
faba-46	53	11	the	the	DET
faba-46	53	12	convergence	convergence	NOUN
faba-46	53	13	process	process	NOUN
faba-46	53	14	until	until	ADP
faba-46	53	15	the	the	DET
faba-46	53	16	sustainable	sustainable	ADJ
faba-46	53	17	achievement	achievement	NOUN
faba-46	53	18	of	of	ADP
faba-46	53	19	the	the	DET
faba-46	53	20	maastricht	maastricht	PROPN
faba-46	53	21	criteria	criteria	PROPN
faba-46	53	22	.	.	PUNCT
faba-46	54	1	erm	erm	PROPN
faba-46	54	2	ii	ii	PROPN
faba-46	54	3	participation	participation	NOUN
faba-46	54	4	does	do	AUX
faba-46	54	5	not	not	PART
faba-46	54	6	need	need	VERB
faba-46	54	7	to	to	PART
faba-46	54	8	be	be	AUX
faba-46	54	9	limited	limit	VERB
faba-46	54	10	to	to	ADP
faba-46	54	11	only	only	ADV
faba-46	54	12	two	two	NUM
faba-46	54	13	years	year	NOUN
faba-46	54	14	dimitar	dimitar	PROPN
faba-46	54	15	chobanov	chobanov	PROPN
faba-46	54	16	/	/	SYM
faba-46	54	17	finance	finance	NOUN
faba-46	54	18	,	,	PUNCT
faba-46	54	19	accounting	accounting	NOUN
faba-46	54	20	and	and	CCONJ
faba-46	54	21	business	business	NOUN
faba-46	54	22	analysis	analysis	NOUN
faba-46	54	23	2	2	NUM
faba-46	54	24	(	(	PUNCT
faba-46	54	25	2	2	NUM
faba-46	54	26	)	)	PUNCT
faba-46	54	27	2020	2020	NUM
faba-46	54	28	129	129	NUM
faba-46	54	29	which	which	PRON
faba-46	54	30	is	be	AUX
faba-46	54	31	the	the	DET
faba-46	54	32	minimum	minimum	NOUN
faba-46	54	33	.	.	PUNCT
faba-46	55	1	it	it	PRON
faba-46	55	2	could	could	AUX
faba-46	55	3	last	last	VERB
faba-46	55	4	longer	long	ADV
faba-46	55	5	and	and	CCONJ
faba-46	55	6	the	the	DET
faba-46	55	7	exchange	exchange	NOUN
faba-46	55	8	rate	rate	NOUN
faba-46	55	9	may	may	AUX
faba-46	55	10	be	be	AUX
faba-46	55	11	used	use	VERB
faba-46	55	12	as	as	ADP
faba-46	55	13	a	a	DET
faba-46	55	14	policy	policy	NOUN
faba-46	55	15	variable	variable	NOUN
faba-46	55	16	in	in	SCONJ
faba-46	55	17	order	order	NOUN
faba-46	55	18	economy	economy	NOUN
faba-46	55	19	to	to	PART
faba-46	55	20	be	be	AUX
faba-46	55	21	adjusted	adjust	VERB
faba-46	55	22	to	to	PART
faba-46	55	23	catch	catch	VERB
faba-46	55	24	-	-	PUNCT
faba-46	55	25	up	up	ADP
faba-46	55	26	quicker	quick	ADV
faba-46	55	27	.	.	PUNCT
faba-46	56	1	european	european	PROPN
faba-46	56	2	banking	banking	PROPN
faba-46	56	3	union	union	PROPN
faba-46	56	4	has	have	AUX
faba-46	56	5	been	be	AUX
faba-46	56	6	developing	develop	VERB
faba-46	56	7	since	since	SCONJ
faba-46	56	8	the	the	DET
faba-46	56	9	great	great	ADJ
faba-46	56	10	recession	recession	NOUN
faba-46	56	11	.	.	PUNCT
faba-46	57	1	since	since	SCONJ
faba-46	57	2	it	it	PRON
faba-46	57	3	is	be	AUX
faba-46	57	4	still	still	ADV
faba-46	57	5	evolving	evolve	VERB
faba-46	57	6	there	there	PRON
faba-46	57	7	are	be	VERB
faba-46	57	8	a	a	DET
faba-46	57	9	great	great	ADJ
faba-46	57	10	number	number	NOUN
faba-46	57	11	of	of	ADP
faba-46	57	12	studies	study	NOUN
faba-46	57	13	related	relate	VERB
faba-46	57	14	to	to	ADP
faba-46	57	15	this	this	DET
faba-46	57	16	topic	topic	NOUN
faba-46	57	17	.	.	PUNCT
faba-46	58	1	(	(	PUNCT
faba-46	58	2	elliot	elliot	PROPN
faba-46	58	3	2012	2012	NUM
faba-46	58	4	)	)	PUNCT
faba-46	58	5	,	,	PUNCT
faba-46	58	6	(	(	PUNCT
faba-46	58	7	millar	millar	PROPN
faba-46	58	8	2012	2012	NUM
faba-46	58	9	)	)	PUNCT
faba-46	58	10	,	,	PUNCT
faba-46	58	11	(	(	PUNCT
faba-46	58	12	beck	beck	NOUN
faba-46	58	13	2012	2012	NUM
faba-46	58	14	)	)	PUNCT
faba-46	58	15	among	among	ADP
faba-46	58	16	others	other	NOUN
faba-46	58	17	describe	describe	VERB
faba-46	58	18	the	the	DET
faba-46	58	19	essence	essence	NOUN
faba-46	58	20	of	of	ADP
faba-46	58	21	the	the	DET
faba-46	58	22	banking	banking	NOUN
faba-46	58	23	union	union	NOUN
faba-46	58	24	,	,	PUNCT
faba-46	58	25	its	its	PRON
faba-46	58	26	interconnections	interconnection	NOUN
faba-46	58	27	to	to	ADP
faba-46	58	28	the	the	DET
faba-46	58	29	fiscal	fiscal	ADJ
faba-46	58	30	union	union	NOUN
faba-46	58	31	by	by	ADP
faba-46	58	32	the	the	DET
faba-46	58	33	framework	framework	NOUN
faba-46	58	34	for	for	ADP
faba-46	58	35	deposit	deposit	NOUN
faba-46	58	36	guarantee	guarantee	NOUN
faba-46	58	37	.	.	PUNCT
faba-46	59	1	it	it	PRON
faba-46	59	2	also	also	ADV
faba-46	59	3	requires	require	VERB
faba-46	59	4	changes	change	NOUN
faba-46	59	5	in	in	ADP
faba-46	59	6	bank	bank	NOUN
faba-46	59	7	regulations	regulation	NOUN
faba-46	59	8	,	,	PUNCT
faba-46	59	9	supervision	supervision	NOUN
faba-46	59	10	,	,	PUNCT
faba-46	59	11	and	and	CCONJ
faba-46	59	12	resolution	resolution	NOUN
faba-46	59	13	.	.	PUNCT
faba-46	60	1	however	however	ADV
faba-46	60	2	,	,	PUNCT
faba-46	60	3	it	it	PRON
faba-46	60	4	is	be	AUX
faba-46	60	5	much	much	ADV
faba-46	60	6	easier	easy	ADJ
faba-46	60	7	to	to	PART
faba-46	60	8	describe	describe	VERB
faba-46	60	9	the	the	DET
faba-46	60	10	features	feature	NOUN
faba-46	60	11	of	of	ADP
faba-46	60	12	the	the	DET
faba-46	60	13	banking	banking	NOUN
faba-46	60	14	union	union	NOUN
faba-46	60	15	than	than	SCONJ
faba-46	60	16	it	it	PRON
faba-46	60	17	is	be	AUX
faba-46	60	18	to	to	PART
faba-46	60	19	design	design	VERB
faba-46	60	20	or	or	CCONJ
faba-46	60	21	implement	implement	VERB
faba-46	60	22	it	it	PRON
faba-46	60	23	.	.	PUNCT
faba-46	61	1	there	there	PRON
faba-46	61	2	are	be	VERB
faba-46	61	3	some	some	DET
faba-46	61	4	key	key	ADJ
faba-46	61	5	issues	issue	NOUN
faba-46	61	6	regarding	regard	VERB
faba-46	61	7	this	this	DET
faba-46	61	8	topic	topic	NOUN
faba-46	61	9	:	:	PUNCT
faba-46	61	10	the	the	DET
faba-46	61	11	trade	trade	NOUN
faba-46	61	12	-	-	PUNCT
faba-46	61	13	off	off	NOUN
faba-46	61	14	of	of	ADP
faba-46	61	15	economic	economic	ADJ
faba-46	61	16	growth	growth	NOUN
faba-46	61	17	and	and	CCONJ
faba-46	61	18	financial	financial	ADJ
faba-46	61	19	stability	stability	NOUN
faba-46	61	20	,	,	PUNCT
faba-46	61	21	centralized	centralized	ADJ
faba-46	61	22	versus	versus	ADP
faba-46	61	23	local	local	ADJ
faba-46	61	24	supervision	supervision	NOUN
faba-46	61	25	,	,	PUNCT
faba-46	61	26	single	single	ADJ
faba-46	61	27	regulator	regulator	NOUN
faba-46	61	28	or	or	CCONJ
faba-46	61	29	multiple	multiple	ADJ
faba-46	61	30	specialized	specialized	ADJ
faba-46	61	31	regulators	regulator	NOUN
faba-46	61	32	,	,	PUNCT
faba-46	61	33	independence	independence	NOUN
faba-46	61	34	from	from	ADP
faba-46	61	35	political	political	ADJ
faba-46	61	36	interference	interference	NOUN
faba-46	61	37	or	or	CCONJ
faba-46	61	38	accountability	accountability	NOUN
faba-46	61	39	.	.	PUNCT
faba-46	62	1	choices	choice	NOUN
faba-46	62	2	that	that	PRON
faba-46	62	3	must	must	AUX
faba-46	62	4	be	be	AUX
faba-46	62	5	made	make	VERB
faba-46	62	6	are	be	AUX
faba-46	62	7	subjective	subjective	ADJ
faba-46	62	8	and	and	CCONJ
faba-46	62	9	the	the	DET
faba-46	62	10	theory	theory	NOUN
faba-46	62	11	is	be	AUX
faba-46	62	12	not	not	PART
faba-46	62	13	sufficiently	sufficiently	ADV
faba-46	62	14	developed	develop	VERB
faba-46	62	15	to	to	PART
faba-46	62	16	have	have	VERB
faba-46	62	17	a	a	DET
faba-46	62	18	well	well	ADV
faba-46	62	19	-	-	PUNCT
faba-46	62	20	grounded	ground	VERB
faba-46	62	21	answer	answer	NOUN
faba-46	62	22	.	.	PUNCT
faba-46	63	1	results	result	NOUN
faba-46	63	2	and	and	CCONJ
faba-46	63	3	discussion	discussion	NOUN
faba-46	63	4	what	what	PRON
faba-46	63	5	are	be	AUX
faba-46	63	6	the	the	DET
faba-46	63	7	benefits	benefit	NOUN
faba-46	63	8	?	?	PUNCT
faba-46	64	1	it	it	PRON
faba-46	64	2	is	be	AUX
faba-46	64	3	a	a	DET
faba-46	64	4	crucial	crucial	ADJ
faba-46	64	5	step	step	NOUN
faba-46	64	6	of	of	ADP
faba-46	64	7	the	the	DET
faba-46	64	8	further	further	ADJ
faba-46	64	9	and	and	CCONJ
faba-46	64	10	deeper	deep	ADJ
faba-46	64	11	integration	integration	NOUN
faba-46	64	12	of	of	ADP
faba-46	64	13	bulgaria	bulgaria	PROPN
faba-46	64	14	to	to	ADP
faba-46	64	15	the	the	DET
faba-46	64	16	european	european	PROPN
faba-46	64	17	union	union	PROPN
faba-46	64	18	.	.	PUNCT
faba-46	65	1	it	it	PRON
faba-46	65	2	is	be	AUX
faba-46	65	3	an	an	DET
faba-46	65	4	expression	expression	NOUN
faba-46	65	5	of	of	ADP
faba-46	65	6	trust	trust	NOUN
faba-46	65	7	of	of	ADP
faba-46	65	8	european	european	ADJ
faba-46	65	9	institutions	institution	NOUN
faba-46	65	10	like	like	ADP
faba-46	65	11	the	the	DET
faba-46	65	12	commission	commission	NOUN
faba-46	65	13	and	and	CCONJ
faba-46	65	14	the	the	DET
faba-46	65	15	ecb	ecb	NOUN
faba-46	65	16	and	and	CCONJ
faba-46	65	17	the	the	DET
faba-46	65	18	governments	government	NOUN
faba-46	65	19	of	of	ADP
faba-46	65	20	the	the	DET
faba-46	65	21	euro	euro	PROPN
faba-46	65	22	area	area	NOUN
faba-46	65	23	countries	country	NOUN
faba-46	65	24	.	.	PUNCT
faba-46	66	1	this	this	PRON
faba-46	66	2	is	be	AUX
faba-46	66	3	considered	consider	VERB
faba-46	66	4	as	as	ADP
faba-46	66	5	a	a	DET
faba-46	66	6	success	success	NOUN
faba-46	66	7	by	by	ADP
faba-46	66	8	the	the	DET
faba-46	66	9	credit	credit	NOUN
faba-46	66	10	rating	rating	NOUN
faba-46	66	11	agencies	agency	NOUN
faba-46	66	12	as	as	SCONJ
faba-46	66	13	it	it	PRON
faba-46	66	14	is	be	AUX
faba-46	66	15	a	a	DET
faba-46	66	16	stabilizing	stabilizing	NOUN
faba-46	66	17	mechanism	mechanism	NOUN
faba-46	66	18	.	.	PUNCT
faba-46	67	1	fitch	fitch	PROPN
faba-46	67	2	ratings	rating	NOUN
faba-46	67	3	announced	announce	VERB
faba-46	67	4	that	that	SCONJ
faba-46	67	5	:	:	PUNCT
faba-46	67	6	“	"	PUNCT
faba-46	67	7	all	all	DET
faba-46	67	8	things	thing	NOUN
faba-46	67	9	being	be	AUX
faba-46	67	10	equal	equal	ADJ
faba-46	67	11	,	,	PUNCT
faba-46	67	12	we	we	PRON
faba-46	67	13	would	would	AUX
faba-46	67	14	upgrade	upgrade	VERB
faba-46	67	15	bulgaria	bulgaria	PROPN
faba-46	67	16	’s	’s	PART
faba-46	67	17	long	long	ADJ
faba-46	67	18	-	-	PUNCT
faba-46	67	19	term	term	NOUN
faba-46	67	20	foreign	foreign	ADJ
faba-46	67	21	currency	currency	NOUN
faba-46	67	22	idr	idr	NOUN
faba-46	67	23	by	by	ADP
faba-46	67	24	two	two	NUM
faba-46	67	25	notches	notch	NOUN
faba-46	67	26	between	between	ADP
faba-46	67	27	admission	admission	NOUN
faba-46	67	28	to	to	ADP
faba-46	67	29	the	the	DET
faba-46	67	30	erm	erm	PROPN
faba-46	67	31	ii	ii	PROPN
faba-46	67	32	and	and	CCONJ
faba-46	67	33	joining	join	VERB
faba-46	67	34	the	the	DET
faba-46	67	35	euro	euro	NOUN
faba-46	67	36	.	.	PUNCT
faba-46	67	37	”	"	PUNCT
faba-46	68	1	given	give	VERB
faba-46	68	2	the	the	DET
faba-46	68	3	situation	situation	NOUN
faba-46	68	4	of	of	ADP
faba-46	68	5	covid-19	covid-19	PROPN
faba-46	68	6	pandemic	pandemic	NOUN
faba-46	68	7	probably	probably	ADV
faba-46	68	8	this	this	DET
faba-46	68	9	upgrade	upgrade	NOUN
faba-46	68	10	will	will	AUX
faba-46	68	11	be	be	AUX
faba-46	68	12	applied	apply	VERB
faba-46	68	13	later	later	ADV
faba-46	68	14	.	.	PUNCT
faba-46	69	1	still	still	ADV
faba-46	69	2	,	,	PUNCT
faba-46	69	3	the	the	DET
faba-46	69	4	period	period	NOUN
faba-46	69	5	at	at	ADP
faba-46	69	6	the	the	DET
faba-46	69	7	erm	erm	PROPN
faba-46	69	8	ii	ii	PROPN
faba-46	69	9	is	be	AUX
faba-46	69	10	hard	hard	ADJ
faba-46	69	11	to	to	PART
faba-46	69	12	be	be	AUX
faba-46	69	13	determined	determine	VERB
faba-46	69	14	so	so	ADV
faba-46	69	15	eventually	eventually	ADV
faba-46	69	16	this	this	DET
faba-46	69	17	statement	statement	NOUN
faba-46	69	18	could	could	AUX
faba-46	69	19	be	be	AUX
faba-46	69	20	confirmed	confirm	VERB
faba-46	69	21	by	by	ADP
faba-46	69	22	fitch	fitch	NOUN
faba-46	69	23	ratings	rating	NOUN
faba-46	69	24	.	.	PUNCT
faba-46	70	1	the	the	DET
faba-46	70	2	other	other	ADJ
faba-46	70	3	two	two	NUM
faba-46	70	4	major	major	ADJ
faba-46	70	5	credit	credit	NOUN
faba-46	70	6	rating	rating	NOUN
faba-46	70	7	agencies	agency	NOUN
faba-46	70	8	are	be	AUX
faba-46	70	9	expected	expect	VERB
faba-46	70	10	to	to	PART
faba-46	70	11	upgrade	upgrade	VERB
faba-46	70	12	bulgaria	bulgaria	PROPN
faba-46	70	13	’s	’s	PART
faba-46	70	14	rating	rating	NOUN
faba-46	70	15	as	as	ADV
faba-46	70	16	well	well	ADV
faba-46	70	17	.	.	PUNCT
faba-46	71	1	as	as	ADP
faba-46	71	2	a	a	DET
faba-46	71	3	result	result	NOUN
faba-46	71	4	,	,	PUNCT
faba-46	71	5	the	the	DET
faba-46	71	6	cost	cost	NOUN
faba-46	71	7	of	of	ADP
faba-46	71	8	financing	finance	VERB
faba-46	71	9	government	government	NOUN
faba-46	71	10	and	and	CCONJ
faba-46	71	11	private	private	ADJ
faba-46	71	12	sector	sector	NOUN
faba-46	71	13	would	would	AUX
faba-46	71	14	decrease	decrease	VERB
faba-46	71	15	.	.	PUNCT
faba-46	72	1	hence	hence	ADV
faba-46	72	2	,	,	PUNCT
faba-46	72	3	foreign	foreign	ADJ
faba-46	72	4	debt	debt	NOUN
faba-46	72	5	servicing	servicing	NOUN
faba-46	72	6	costs	cost	NOUN
faba-46	72	7	would	would	AUX
faba-46	72	8	be	be	AUX
faba-46	72	9	lower	low	ADJ
faba-46	72	10	reducing	reduce	VERB
faba-46	72	11	the	the	DET
faba-46	72	12	interest	interest	NOUN
faba-46	72	13	expenses	expense	NOUN
faba-46	72	14	in	in	ADP
faba-46	72	15	the	the	DET
faba-46	72	16	state	state	NOUN
faba-46	72	17	budget	budget	NOUN
faba-46	72	18	.	.	PUNCT
faba-46	73	1	in	in	ADP
faba-46	73	2	a	a	DET
faba-46	73	3	short	short	ADJ
faba-46	73	4	term	term	NOUN
faba-46	73	5	,	,	PUNCT
faba-46	73	6	the	the	DET
faba-46	73	7	probability	probability	NOUN
faba-46	73	8	of	of	ADP
faba-46	73	9	upgrading	upgrade	VERB
faba-46	73	10	bulgaria	bulgaria	PROPN
faba-46	73	11	is	be	AUX
faba-46	73	12	low	low	ADJ
faba-46	73	13	.	.	PUNCT
faba-46	74	1	since	since	SCONJ
faba-46	74	2	the	the	DET
faba-46	74	3	adoption	adoption	NOUN
faba-46	74	4	of	of	ADP
faba-46	74	5	the	the	DET
faba-46	74	6	currency	currency	NOUN
faba-46	74	7	board	board	NOUN
faba-46	74	8	arrangement	arrangement	NOUN
faba-46	74	9	in	in	ADP
faba-46	74	10	bulgaria	bulgaria	PROPN
faba-46	74	11	there	there	ADV
faba-46	74	12	have	have	AUX
faba-46	74	13	always	always	ADV
faba-46	74	14	been	be	AUX
faba-46	74	15	discussed	discuss	VERB
faba-46	74	16	whether	whether	SCONJ
faba-46	74	17	the	the	DET
faba-46	74	18	exchange	exchange	NOUN
faba-46	74	19	rate	rate	NOUN
faba-46	74	20	between	between	ADP
faba-46	74	21	bulgarian	bulgarian	ADJ
faba-46	74	22	lev	lev	NOUN
faba-46	74	23	and	and	CCONJ
faba-46	74	24	the	the	DET
faba-46	74	25	deutsche	deutsche	NOUN
faba-46	74	26	mark	mark	NOUN
faba-46	74	27	and	and	CCONJ
faba-46	74	28	later	later	ADV
faba-46	74	29	the	the	DET
faba-46	74	30	euro	euro	NOUN
faba-46	74	31	is	be	AUX
faba-46	74	32	correct	correct	ADJ
faba-46	74	33	.	.	PUNCT
faba-46	75	1	with	with	ADP
faba-46	75	2	the	the	DET
faba-46	75	3	accession	accession	NOUN
faba-46	75	4	to	to	ADP
faba-46	75	5	the	the	DET
faba-46	75	6	erm	erm	PROPN
faba-46	75	7	ii	ii	PROPN
faba-46	75	8	the	the	DET
faba-46	75	9	rate	rate	NOUN
faba-46	75	10	of	of	ADP
faba-46	75	11	1.95583	1.95583	NUM
faba-46	75	12	levs	levs	NOUN
faba-46	75	13	per	per	ADP
faba-46	75	14	euro	euro	NOUN
faba-46	75	15	is	be	AUX
faba-46	75	16	confirmed	confirm	VERB
faba-46	75	17	to	to	PART
faba-46	75	18	be	be	AUX
faba-46	75	19	the	the	DET
faba-46	75	20	sustainable	sustainable	ADJ
faba-46	75	21	one	one	NUM
faba-46	75	22	by	by	ADP
faba-46	75	23	the	the	DET
faba-46	75	24	european	european	ADJ
faba-46	75	25	institutions	institution	NOUN
faba-46	75	26	and	and	CCONJ
faba-46	75	27	especially	especially	ADV
faba-46	75	28	by	by	ADP
faba-46	75	29	the	the	DET
faba-46	75	30	ecb	ecb	PROPN
faba-46	75	31	.	.	PUNCT
faba-46	76	1	benefits	benefit	NOUN
faba-46	76	2	related	relate	VERB
faba-46	76	3	to	to	ADP
faba-46	76	4	the	the	DET
faba-46	76	5	membership	membership	NOUN
faba-46	76	6	at	at	ADP
faba-46	76	7	the	the	DET
faba-46	76	8	banking	banking	NOUN
faba-46	76	9	union	union	NOUN
faba-46	76	10	are	be	AUX
faba-46	76	11	:	:	PUNCT
faba-46	76	12	delinking	delinke	VERB
faba-46	76	13	sovereigns	sovereign	NOUN
faba-46	76	14	and	and	CCONJ
faba-46	76	15	banks	bank	NOUN
faba-46	76	16	are	be	AUX
faba-46	76	17	the	the	DET
faba-46	76	18	primary	primary	ADJ
faba-46	76	19	reason	reason	NOUN
faba-46	76	20	for	for	ADP
faba-46	76	21	the	the	DET
faba-46	76	22	establishment	establishment	NOUN
faba-46	76	23	of	of	ADP
faba-46	76	24	the	the	DET
faba-46	76	25	banking	banking	NOUN
faba-46	76	26	union	union	NOUN
faba-46	76	27	.	.	PUNCT
faba-46	77	1	it	it	PRON
faba-46	77	2	is	be	AUX
faba-46	77	3	aimed	aim	VERB
faba-46	77	4	at	at	ADP
faba-46	77	5	preventing	prevent	VERB
faba-46	77	6	sovereign	sovereign	ADJ
faba-46	77	7	problems	problem	NOUN
faba-46	77	8	to	to	PART
faba-46	77	9	spread	spread	VERB
faba-46	77	10	to	to	ADP
faba-46	77	11	banks	bank	NOUN
faba-46	77	12	as	as	SCONJ
faba-46	77	13	it	it	PRON
faba-46	77	14	happened	happen	VERB
faba-46	77	15	in	in	ADP
faba-46	77	16	greece	greece	PROPN
faba-46	77	17	as	as	ADV
faba-46	77	18	well	well	ADV
faba-46	77	19	as	as	ADP
faba-46	77	20	preventing	prevent	VERB
faba-46	77	21	banking	banking	NOUN
faba-46	77	22	problems	problem	NOUN
faba-46	77	23	to	to	PART
faba-46	77	24	spread	spread	VERB
faba-46	77	25	to	to	ADP
faba-46	77	26	sovereigns	sovereign	NOUN
faba-46	77	27	as	as	ADP
faba-46	77	28	in	in	ADP
faba-46	77	29	ireland	ireland	PROPN
faba-46	77	30	or	or	CCONJ
faba-46	77	31	cyprus	cyprus	PROPN
faba-46	77	32	.	.	PUNCT
faba-46	78	1	bailing	bailing	NOUN
faba-46	78	2	-	-	PUNCT
faba-46	78	3	out	out	ADP
faba-46	78	4	banks	bank	NOUN
faba-46	78	5	by	by	ADP
faba-46	78	6	national	national	ADJ
faba-46	78	7	governments	government	NOUN
faba-46	78	8	increases	increase	VERB
faba-46	78	9	borrowing	borrowing	NOUN
faba-46	78	10	costs	cost	NOUN
faba-46	78	11	for	for	ADP
faba-46	78	12	them	they	PRON
faba-46	78	13	but	but	CCONJ
faba-46	78	14	simultaneously	simultaneously	ADV
faba-46	78	15	driving	drive	VERB
faba-46	78	16	up	up	ADP
faba-46	78	17	banks	bank	NOUN
faba-46	78	18	’	’	PART
faba-46	78	19	financing	financing	NOUN
faba-46	78	20	costs	cost	NOUN
faba-46	78	21	.	.	PUNCT
faba-46	79	1	the	the	DET
faba-46	79	2	banking	banking	NOUN
faba-46	79	3	union	union	NOUN
faba-46	79	4	should	should	AUX
faba-46	79	5	prevent	prevent	VERB
faba-46	79	6	this	this	PRON
faba-46	79	7	.	.	PUNCT
faba-46	80	1	a	a	DET
faba-46	80	2	single	single	ADJ
faba-46	80	3	european	european	ADJ
faba-46	80	4	supervisor	supervisor	NOUN
faba-46	80	5	is	be	AUX
faba-46	80	6	aimed	aim	VERB
faba-46	80	7	at	at	ADP
faba-46	80	8	rebuilding	rebuild	VERB
faba-46	80	9	depositors	depositor	NOUN
faba-46	80	10	’	’	PART
faba-46	80	11	confidence	confidence	NOUN
faba-46	80	12	.	.	PUNCT
faba-46	81	1	it	it	PRON
faba-46	81	2	should	should	AUX
faba-46	81	3	not	not	PART
faba-46	81	4	allow	allow	VERB
faba-46	81	5	banks	bank	NOUN
faba-46	81	6	to	to	PART
faba-46	81	7	hide	hide	VERB
faba-46	81	8	bad	bad	ADJ
faba-46	81	9	assets	asset	NOUN
faba-46	81	10	.	.	PUNCT
faba-46	82	1	this	this	PRON
faba-46	82	2	implies	imply	VERB
faba-46	82	3	that	that	SCONJ
faba-46	82	4	the	the	DET
faba-46	82	5	available	available	ADJ
faba-46	82	6	information	information	NOUN
faba-46	82	7	about	about	ADP
faba-46	82	8	the	the	DET
faba-46	82	9	asset	asset	NOUN
faba-46	82	10	valuation	valuation	NOUN
faba-46	82	11	would	would	AUX
faba-46	82	12	be	be	AUX
faba-46	82	13	more	more	ADV
faba-46	82	14	reliable	reliable	ADJ
faba-46	82	15	which	which	PRON
faba-46	82	16	means	mean	VERB
faba-46	82	17	more	more	ADV
faba-46	82	18	precise	precise	ADJ
faba-46	82	19	data	datum	NOUN
faba-46	82	20	about	about	ADP
faba-46	82	21	the	the	DET
faba-46	82	22	capital	capital	NOUN
faba-46	82	23	adequacy	adequacy	NOUN
faba-46	82	24	ratios	ratio	NOUN
faba-46	82	25	.	.	PUNCT
faba-46	83	1	it	it	PRON
faba-46	83	2	should	should	AUX
faba-46	83	3	also	also	ADV
faba-46	83	4	eliminate	eliminate	VERB
faba-46	83	5	national	national	ADJ
faba-46	83	6	biases	bias	NOUN
faba-46	83	7	and	and	CCONJ
faba-46	83	8	the	the	DET
faba-46	83	9	associated	associated	ADJ
faba-46	83	10	supervisory	supervisory	ADJ
faba-46	83	11	forbearance	forbearance	NOUN
faba-46	83	12	.	.	PUNCT
faba-46	84	1	on	on	ADP
faba-46	84	2	national	national	ADJ
faba-46	84	3	level	level	NOUN
faba-46	84	4	supervision	supervision	NOUN
faba-46	84	5	is	be	AUX
faba-46	84	6	often	often	ADV
faba-46	84	7	indulgent	indulgent	ADJ
faba-46	84	8	towards	towards	ADP
faba-46	84	9	local	local	ADJ
faba-46	84	10	banks	bank	NOUN
faba-46	84	11	due	due	ADJ
faba-46	84	12	to	to	ADP
faba-46	84	13	pressures	pressure	NOUN
faba-46	84	14	and	and	CCONJ
faba-46	84	15	interests	interest	NOUN
faba-46	84	16	.	.	PUNCT
faba-46	85	1	european	european	ADJ
faba-46	85	2	supervisor	supervisor	NOUN
faba-46	85	3	should	should	AUX
faba-46	85	4	be	be	AUX
faba-46	85	5	able	able	ADJ
faba-46	85	6	to	to	PART
faba-46	85	7	assess	assess	VERB
faba-46	85	8	independently	independently	ADV
faba-46	85	9	financial	financial	ADJ
faba-46	85	10	situation	situation	NOUN
faba-46	85	11	of	of	ADP
faba-46	85	12	specific	specific	ADJ
faba-46	85	13	banks	bank	NOUN
faba-46	85	14	in	in	ADP
faba-46	85	15	a	a	DET
faba-46	85	16	systemic	systemic	ADJ
faba-46	85	17	context	context	NOUN
faba-46	85	18	.	.	PUNCT
faba-46	86	1	as	as	ADP
faba-46	86	2	a	a	DET
faba-46	86	3	part	part	NOUN
faba-46	86	4	of	of	ADP
faba-46	86	5	the	the	DET
faba-46	86	6	preparation	preparation	NOUN
faba-46	86	7	for	for	ADP
faba-46	86	8	the	the	DET
faba-46	86	9	erm	erm	PROPN
faba-46	86	10	ii	ii	PROPN
faba-46	86	11	and	and	CCONJ
faba-46	86	12	the	the	DET
faba-46	86	13	banking	banking	NOUN
faba-46	86	14	union	union	NOUN
faba-46	86	15	accession	accession	NOUN
faba-46	86	16	two	two	NUM
faba-46	86	17	of	of	ADP
faba-46	86	18	bulgarian	bulgarian	ADJ
faba-46	86	19	banks	bank	NOUN
faba-46	86	20	had	have	VERB
faba-46	86	21	to	to	PART
faba-46	86	22	raise	raise	VERB
faba-46	86	23	additional	additional	ADJ
faba-46	86	24	capital	capital	NOUN
faba-46	86	25	.	.	PUNCT
faba-46	87	1	previous	previous	ADJ
faba-46	87	2	crisis	crisis	NOUN
faba-46	87	3	showed	show	VERB
faba-46	87	4	that	that	SCONJ
faba-46	87	5	this	this	DET
faba-46	87	6	step	step	NOUN
faba-46	87	7	is	be	AUX
faba-46	87	8	very	very	ADV
faba-46	87	9	important	important	ADJ
faba-46	87	10	to	to	PART
faba-46	87	11	preserve	preserve	VERB
faba-46	87	12	the	the	DET
faba-46	87	13	sustainability	sustainability	NOUN
faba-46	87	14	of	of	ADP
faba-46	87	15	the	the	DET
faba-46	87	16	banking	banking	NOUN
faba-46	87	17	system	system	NOUN
faba-46	87	18	and	and	CCONJ
faba-46	87	19	the	the	DET
faba-46	87	20	public	public	ADJ
faba-46	87	21	finances	finance	NOUN
faba-46	87	22	.	.	PUNCT
faba-46	88	1	the	the	PRON
faba-46	88	2	sooner	soon	ADV
faba-46	88	3	it	it	PRON
faba-46	88	4	is	be	AUX
faba-46	88	5	done	do	VERB
faba-46	88	6	,	,	PUNCT
faba-46	88	7	the	the	DET
faba-46	88	8	lower	low	ADJ
faba-46	88	9	are	be	AUX
faba-46	88	10	the	the	DET
faba-46	88	11	funding	funding	NOUN
faba-46	88	12	costs	cost	NOUN
faba-46	88	13	.	.	PUNCT
faba-46	89	1	initially	initially	ADV
faba-46	89	2	the	the	DET
faba-46	89	3	covid-19	covid-19	PROPN
faba-46	89	4	pandemic	pandemic	NOUN
faba-46	89	5	negatively	negatively	ADV
faba-46	89	6	affected	affect	VERB
faba-46	89	7	the	the	DET
faba-46	89	8	economy	economy	NOUN
faba-46	89	9	,	,	PUNCT
faba-46	89	10	but	but	CCONJ
faba-46	89	11	it	it	PRON
faba-46	89	12	is	be	AUX
faba-46	89	13	expected	expect	VERB
faba-46	89	14	that	that	SCONJ
faba-46	89	15	financial	financial	ADJ
faba-46	89	16	and	and	CCONJ
faba-46	89	17	banking	banking	NOUN
faba-46	89	18	sector	sector	NOUN
faba-46	89	19	will	will	AUX
faba-46	89	20	be	be	AUX
faba-46	89	21	hurt	hurt	VERB
faba-46	89	22	as	as	ADV
faba-46	89	23	well	well	ADV
faba-46	89	24	.	.	PUNCT
faba-46	90	1	improvement	improvement	NOUN
faba-46	90	2	of	of	ADP
faba-46	90	3	the	the	DET
faba-46	90	4	legal	legal	ADJ
faba-46	90	5	framework	framework	NOUN
faba-46	90	6	about	about	ADP
faba-46	90	7	the	the	DET
faba-46	90	8	governance	governance	NOUN
faba-46	90	9	of	of	ADP
faba-46	90	10	the	the	DET
faba-46	90	11	state	state	NOUN
faba-46	90	12	-	-	PUNCT
faba-46	90	13	owned	own	VERB
faba-46	90	14	enterprises	enterprise	NOUN
faba-46	90	15	is	be	AUX
faba-46	90	16	another	another	DET
faba-46	90	17	benefit	benefit	NOUN
faba-46	90	18	of	of	ADP
faba-46	90	19	the	the	DET
faba-46	90	20	preparation	preparation	NOUN
faba-46	90	21	process	process	NOUN
faba-46	90	22	.	.	PUNCT
faba-46	91	1	it	it	PRON
faba-46	91	2	was	be	AUX
faba-46	91	3	a	a	DET
faba-46	91	4	requirement	requirement	NOUN
faba-46	91	5	of	of	ADP
faba-46	91	6	the	the	DET
faba-46	91	7	eu	eu	PROPN
faba-46	91	8	institutions	institution	NOUN
faba-46	91	9	towards	towards	ADP
faba-46	91	10	bulgarian	bulgarian	ADJ
faba-46	91	11	authorities	authority	NOUN
faba-46	91	12	.	.	PUNCT
faba-46	92	1	the	the	DET
faba-46	92	2	other	other	ADJ
faba-46	92	3	steps	step	NOUN
faba-46	92	4	concerned	concern	VERB
faba-46	92	5	the	the	DET
faba-46	92	6	supervision	supervision	NOUN
faba-46	92	7	on	on	ADP
faba-46	92	8	non	non	ADJ
faba-46	92	9	-	-	ADJ
faba-46	92	10	banking	banking	ADJ
faba-46	92	11	financial	financial	ADJ
faba-46	92	12	institutions	institution	NOUN
faba-46	92	13	and	and	CCONJ
faba-46	92	14	the	the	DET
faba-46	92	15	legislation	legislation	NOUN
faba-46	92	16	about	about	ADP
faba-46	92	17	the	the	DET
faba-46	92	18	money	money	NOUN
faba-46	92	19	laundering	laundering	NOUN
faba-46	92	20	.	.	PUNCT
faba-46	93	1	costs	cost	NOUN
faba-46	93	2	and	and	CCONJ
faba-46	93	3	risks	risk	NOUN
faba-46	93	4	as	as	SCONJ
faba-46	93	5	bulgarian	bulgarian	ADJ
faba-46	93	6	lev	lev	NOUN
faba-46	93	7	participates	participate	VERB
faba-46	93	8	in	in	ADP
faba-46	93	9	the	the	DET
faba-46	93	10	erm	erm	PROPN
faba-46	93	11	ii	ii	PROPN
faba-46	93	12	an	an	DET
faba-46	93	13	amendment	amendment	NOUN
faba-46	93	14	of	of	ADP
faba-46	93	15	law	law	NOUN
faba-46	93	16	on	on	ADP
faba-46	93	17	the	the	DET
faba-46	93	18	bulgarian	bulgarian	PROPN
faba-46	93	19	national	national	PROPN
faba-46	93	20	bank	bank	PROPN
faba-46	93	21	was	be	AUX
faba-46	93	22	made	make	VERB
faba-46	93	23	.	.	PUNCT
faba-46	94	1	it	it	PRON
faba-46	94	2	is	be	AUX
faba-46	94	3	according	accord	VERB
faba-46	94	4	to	to	ADP
faba-46	94	5	the	the	DET
faba-46	94	6	eu	eu	PROPN
faba-46	94	7	legislation	legislation	NOUN
faba-46	94	8	and	and	CCONJ
faba-46	94	9	states	state	VERB
faba-46	94	10	that	that	SCONJ
faba-46	94	11	the	the	DET
faba-46	94	12	exchange	exchange	NOUN
faba-46	94	13	rate	rate	NOUN
faba-46	94	14	between	between	ADP
faba-46	94	15	the	the	DET
faba-46	94	16	lev	lev	NOUN
faba-46	94	17	and	and	CCONJ
faba-46	94	18	the	the	DET
faba-46	94	19	euro	euro	NOUN
faba-46	94	20	could	could	AUX
faba-46	94	21	be	be	AUX
faba-46	94	22	changed	change	VERB
faba-46	94	23	during	during	ADP
faba-46	94	24	this	this	DET
faba-46	94	25	period	period	NOUN
faba-46	94	26	.	.	PUNCT
faba-46	95	1	according	accord	VERB
faba-46	95	2	to	to	ADP
faba-46	95	3	art	art	NOUN
faba-46	95	4	.	.	PUNCT
faba-46	96	1	29	29	NUM
faba-46	96	2	(	(	PUNCT
faba-46	96	3	3	3	NUM
faba-46	96	4	):	):	PUNCT
faba-46	96	5	“	"	PUNCT
faba-46	96	6	as	as	ADP
faba-46	96	7	from	from	ADP
faba-46	96	8	the	the	DET
faba-46	96	9	date	date	NOUN
faba-46	96	10	of	of	ADP
faba-46	96	11	participation	participation	NOUN
faba-46	96	12	of	of	ADP
faba-46	96	13	the	the	DET
faba-46	96	14	republic	republic	NOUN
faba-46	96	15	of	of	ADP
faba-46	96	16	bulgaria	bulgaria	PROPN
faba-46	96	17	in	in	ADP
faba-46	96	18	the	the	DET
faba-46	96	19	exchange	exchange	NOUN
faba-46	96	20	rate	rate	NOUN
faba-46	96	21	mechanism	mechanism	PROPN
faba-46	96	22	ii	ii	PROPN
faba-46	96	23	,	,	PUNCT
faba-46	96	24	the	the	DET
faba-46	96	25	official	official	ADJ
faba-46	96	26	exchange	exchange	NOUN
faba-46	96	27	rate	rate	NOUN
faba-46	96	28	of	of	ADP
faba-46	96	29	the	the	DET
faba-46	96	30	lev	lev	NOUN
faba-46	96	31	to	to	ADP
faba-46	96	32	the	the	DET
faba-46	96	33	euro	euro	NOUN
faba-46	96	34	shall	shall	AUX
faba-46	96	35	be	be	AUX
faba-46	96	36	equal	equal	ADJ
faba-46	96	37	to	to	ADP
faba-46	96	38	the	the	DET
faba-46	96	39	central	central	ADJ
faba-46	96	40	rate	rate	NOUN
faba-46	96	41	between	between	ADP
faba-46	96	42	the	the	DET
faba-46	96	43	euro	euro	NOUN
faba-46	96	44	and	and	CCONJ
faba-46	96	45	the	the	DET
faba-46	96	46	lev	lev	NOUN
faba-46	96	47	,	,	PUNCT
faba-46	96	48	as	as	SCONJ
faba-46	96	49	agreed	agree	VERB
faba-46	96	50	under	under	ADP
faba-46	96	51	the	the	DET
faba-46	96	52	paragraph	paragraph	NOUN
faba-46	96	53	2.3	2.3	NUM
faba-46	96	54	of	of	ADP
faba-46	96	55	the	the	DET
faba-46	96	56	resolution	resolution	NOUN
faba-46	96	57	of	of	ADP
faba-46	96	58	the	the	DET
faba-46	96	59	european	european	PROPN
faba-46	96	60	council	council	PROPN
faba-46	96	61	on	on	ADP
faba-46	96	62	the	the	DET
faba-46	96	63	establishment	establishment	NOUN
faba-46	96	64	of	of	ADP
faba-46	96	65	the	the	DET
faba-46	96	66	exchange	exchange	NOUN
faba-46	96	67	rate	rate	NOUN
faba-46	96	68	mechanism	mechanism	NOUN
faba-46	96	69	in	in	ADP
faba-46	96	70	the	the	DET
faba-46	96	71	third	third	ADJ
faba-46	96	72	stage	stage	NOUN
faba-46	96	73	of	of	ADP
faba-46	96	74	economic	economic	ADJ
faba-46	96	75	and	and	CCONJ
faba-46	96	76	monetary	monetary	ADJ
faba-46	96	77	union	union	PROPN
faba-46	96	78	amsterdam	amsterdam	PROPN
faba-46	96	79	,	,	PUNCT
faba-46	96	80	16	16	NUM
faba-46	96	81	june	june	PROPN
faba-46	96	82	1997	1997	NUM
faba-46	96	83	and	and	CCONJ
faba-46	96	84	article	article	NOUN
faba-46	96	85	1.1	1.1	NUM
faba-46	96	86	and	and	CCONJ
faba-46	96	87	17.1	17.1	NUM
faba-46	96	88	of	of	ADP
faba-46	96	89	the	the	DET
faba-46	96	90	agreement	agreement	NOUN
faba-46	96	91	of	of	ADP
faba-46	96	92	16	16	NUM
faba-46	96	93	dimitar	dimitar	PROPN
faba-46	96	94	chobanov	chobanov	PROPN
faba-46	96	95	/	/	SYM
faba-46	96	96	finance	finance	NOUN
faba-46	96	97	,	,	PUNCT
faba-46	96	98	accounting	accounting	NOUN
faba-46	96	99	and	and	CCONJ
faba-46	96	100	business	business	NOUN
faba-46	96	101	analysis	analysis	NOUN
faba-46	96	102	2	2	NUM
faba-46	96	103	(	(	PUNCT
faba-46	96	104	2	2	NUM
faba-46	96	105	)	)	PUNCT
faba-46	96	106	2020	2020	NUM
faba-46	96	107	130	130	NUM
faba-46	96	108	march	march	NOUN
faba-46	96	109	2006	2006	NUM
faba-46	96	110	between	between	ADP
faba-46	96	111	the	the	DET
faba-46	96	112	european	european	PROPN
faba-46	96	113	central	central	PROPN
faba-46	96	114	bank	bank	PROPN
faba-46	96	115	and	and	CCONJ
faba-46	96	116	the	the	DET
faba-46	96	117	national	national	ADJ
faba-46	96	118	central	central	ADJ
faba-46	96	119	banks	bank	NOUN
faba-46	96	120	of	of	ADP
faba-46	96	121	the	the	DET
faba-46	96	122	member	member	NOUN
faba-46	96	123	states	state	NOUN
faba-46	96	124	outside	outside	ADP
faba-46	96	125	the	the	DET
faba-46	96	126	euro	euro	PROPN
faba-46	96	127	area	area	NOUN
faba-46	96	128	laying	lay	VERB
faba-46	96	129	down	down	ADP
faba-46	96	130	the	the	DET
faba-46	96	131	operating	operating	NOUN
faba-46	96	132	procedures	procedure	NOUN
faba-46	96	133	for	for	ADP
faba-46	96	134	an	an	DET
faba-46	96	135	exchange	exchange	NOUN
faba-46	96	136	rate	rate	NOUN
faba-46	96	137	mechanism	mechanism	NOUN
faba-46	96	138	in	in	ADP
faba-46	96	139	stage	stage	NOUN
faba-46	96	140	three	three	NUM
faba-46	96	141	of	of	ADP
faba-46	96	142	economic	economic	ADJ
faba-46	96	143	and	and	CCONJ
faba-46	96	144	monetary	monetary	ADJ
faba-46	96	145	union	union	NOUN
faba-46	96	146	.	.	PUNCT
faba-46	96	147	”	"	PUNCT
faba-46	97	1	according	accord	VERB
faba-46	97	2	to	to	ADP
faba-46	97	3	the	the	DET
faba-46	97	4	provisions	provision	NOUN
faba-46	97	5	the	the	DET
faba-46	97	6	exchange	exchange	NOUN
faba-46	97	7	rate	rate	NOUN
faba-46	97	8	could	could	AUX
faba-46	97	9	be	be	AUX
faba-46	97	10	changed	change	VERB
faba-46	97	11	by	by	ADP
faba-46	97	12	unanimous	unanimous	ADJ
faba-46	97	13	decision	decision	NOUN
faba-46	97	14	by	by	ADP
faba-46	97	15	the	the	DET
faba-46	97	16	ministers	minister	NOUN
faba-46	97	17	of	of	ADP
faba-46	97	18	finance	finance	NOUN
faba-46	97	19	and	and	CCONJ
faba-46	97	20	governors	governor	NOUN
faba-46	97	21	of	of	ADP
faba-46	97	22	central	central	ADJ
faba-46	97	23	banks	bank	NOUN
faba-46	97	24	including	include	VERB
faba-46	97	25	bulgaria	bulgaria	PROPN
faba-46	97	26	’s	’s	NOUN
faba-46	97	27	.	.	PUNCT
faba-46	98	1	this	this	DET
faba-46	98	2	operation	operation	NOUN
faba-46	98	3	no	no	ADV
faba-46	98	4	longer	long	ADV
faba-46	98	5	requires	require	VERB
faba-46	98	6	approval	approval	NOUN
faba-46	98	7	by	by	ADP
faba-46	98	8	the	the	DET
faba-46	98	9	bulgarian	bulgarian	ADJ
faba-46	98	10	parliament	parliament	NOUN
faba-46	98	11	as	as	SCONJ
faba-46	98	12	it	it	PRON
faba-46	98	13	is	be	AUX
faba-46	98	14	given	give	VERB
faba-46	98	15	by	by	ADP
faba-46	98	16	the	the	DET
faba-46	98	17	amendment	amendment	NOUN
faba-46	98	18	of	of	ADP
faba-46	98	19	the	the	DET
faba-46	98	20	law	law	NOUN
faba-46	98	21	.	.	PUNCT
faba-46	99	1	exchange	exchange	NOUN
faba-46	99	2	rate	rate	NOUN
faba-46	99	3	risk	risk	NOUN
faba-46	99	4	increases	increase	NOUN
faba-46	99	5	compared	compare	VERB
faba-46	99	6	to	to	ADP
faba-46	99	7	the	the	DET
faba-46	99	8	previous	previous	ADJ
faba-46	99	9	provisions	provision	NOUN
faba-46	99	10	.	.	PUNCT
faba-46	100	1	however	however	ADV
faba-46	100	2	,	,	PUNCT
faba-46	100	3	the	the	DET
faba-46	100	4	short	short	ADJ
faba-46	100	5	-	-	PUNCT
faba-46	100	6	term	term	NOUN
faba-46	100	7	probability	probability	NOUN
faba-46	100	8	of	of	ADP
faba-46	100	9	materializing	materialize	VERB
faba-46	100	10	this	this	DET
faba-46	100	11	risk	risk	NOUN
faba-46	100	12	is	be	AUX
faba-46	100	13	low	low	ADJ
faba-46	100	14	.	.	PUNCT
faba-46	101	1	the	the	DET
faba-46	101	2	impact	impact	NOUN
faba-46	101	3	of	of	ADP
faba-46	101	4	this	this	DET
faba-46	101	5	risk	risk	NOUN
faba-46	101	6	on	on	ADP
faba-46	101	7	funding	funding	NOUN
faba-46	101	8	costs	cost	NOUN
faba-46	101	9	for	for	ADP
faba-46	101	10	the	the	DET
faba-46	101	11	government	government	NOUN
faba-46	101	12	and	and	CCONJ
faba-46	101	13	the	the	DET
faba-46	101	14	private	private	ADJ
faba-46	101	15	sector	sector	NOUN
faba-46	101	16	could	could	AUX
faba-46	101	17	be	be	AUX
faba-46	101	18	negative	negative	ADJ
faba-46	101	19	.	.	PUNCT
faba-46	102	1	another	another	DET
faba-46	102	2	risk	risk	NOUN
faba-46	102	3	is	be	AUX
faba-46	102	4	related	relate	VERB
faba-46	102	5	to	to	ADP
faba-46	102	6	the	the	DET
faba-46	102	7	insufficient	insufficient	ADJ
faba-46	102	8	extent	extent	NOUN
faba-46	102	9	of	of	ADP
faba-46	102	10	nominal	nominal	ADJ
faba-46	102	11	and	and	CCONJ
faba-46	102	12	real	real	ADJ
faba-46	102	13	convergence	convergence	NOUN
faba-46	102	14	at	at	ADP
faba-46	102	15	the	the	DET
faba-46	102	16	start	start	NOUN
faba-46	102	17	of	of	ADP
faba-46	102	18	the	the	DET
faba-46	102	19	accession	accession	NOUN
faba-46	102	20	.	.	PUNCT
faba-46	103	1	according	accord	VERB
faba-46	103	2	to	to	ADP
faba-46	103	3	the	the	DET
faba-46	103	4	latest	late	ADJ
faba-46	103	5	convergence	convergence	NOUN
faba-46	103	6	reports	report	NOUN
faba-46	103	7	by	by	ADP
faba-46	103	8	the	the	DET
faba-46	103	9	ecb	ecb	PROPN
faba-46	103	10	and	and	CCONJ
faba-46	103	11	the	the	DET
faba-46	103	12	european	european	PROPN
faba-46	103	13	commission	commission	PROPN
faba-46	103	14	bulgaria	bulgaria	PROPN
faba-46	103	15	does	do	AUX
faba-46	103	16	not	not	PART
faba-46	103	17	meet	meet	VERB
faba-46	103	18	the	the	DET
faba-46	103	19	criterion	criterion	NOUN
faba-46	103	20	on	on	ADP
faba-46	103	21	the	the	DET
faba-46	103	22	price	price	NOUN
faba-46	103	23	stability	stability	NOUN
faba-46	103	24	.	.	PUNCT
faba-46	104	1	according	accord	VERB
faba-46	104	2	to	to	ADP
faba-46	104	3	the	the	DET
faba-46	104	4	eurostat	eurostat	PROPN
faba-46	104	5	data	data	PROPN
faba-46	104	6	as	as	ADP
faba-46	104	7	of	of	ADP
faba-46	104	8	the	the	DET
faba-46	104	9	end	end	NOUN
faba-46	104	10	of	of	ADP
faba-46	104	11	2019	2019	NUM
faba-46	104	12	bulgaria	bulgaria	NOUN
faba-46	104	13	is	be	AUX
faba-46	104	14	still	still	ADV
faba-46	104	15	the	the	DET
faba-46	104	16	poorest	poor	ADJ
faba-46	104	17	eu	eu	PROPN
faba-46	104	18	country	country	NOUN
faba-46	104	19	.	.	PUNCT
faba-46	105	1	the	the	DET
faba-46	105	2	gross	gross	ADJ
faba-46	105	3	domestic	domestic	ADJ
faba-46	105	4	product	product	NOUN
faba-46	105	5	per	per	ADP
faba-46	105	6	capita	capita	X
faba-46	105	7	in	in	ADP
faba-46	105	8	purchasing	purchase	VERB
faba-46	105	9	power	power	NOUN
faba-46	105	10	standard	standard	NOUN
faba-46	105	11	in	in	ADP
faba-46	105	12	bulgaria	bulgaria	PROPN
faba-46	105	13	is	be	AUX
faba-46	105	14	only	only	ADV
faba-46	105	15	53	53	NUM
faba-46	105	16	%	%	NOUN
faba-46	105	17	of	of	ADP
faba-46	105	18	the	the	DET
faba-46	105	19	eu	eu	PROPN
faba-46	105	20	average	average	NOUN
faba-46	105	21	.	.	PUNCT
faba-46	106	1	(	(	PUNCT
faba-46	106	2	for	for	ADP
faba-46	106	3	comparison	comparison	NOUN
faba-46	106	4	,	,	PUNCT
faba-46	106	5	the	the	DET
faba-46	106	6	second	second	ADJ
faba-46	106	7	poorest	poor	ADJ
faba-46	106	8	country	country	NOUN
faba-46	106	9	is	be	AUX
faba-46	106	10	croatia	croatia	PROPN
faba-46	106	11	with	with	ADP
faba-46	106	12	65	65	NUM
faba-46	106	13	%	%	NOUN
faba-46	106	14	of	of	ADP
faba-46	106	15	the	the	DET
faba-46	106	16	eu	eu	PROPN
faba-46	106	17	average	average	NOUN
faba-46	106	18	)	)	PUNCT
faba-46	106	19	.	.	PUNCT
faba-46	107	1	moreover	moreover	ADV
faba-46	107	2	,	,	PUNCT
faba-46	107	3	the	the	DET
faba-46	107	4	price	price	NOUN
faba-46	107	5	level	level	NOUN
faba-46	107	6	in	in	ADP
faba-46	107	7	bulgaria	bulgaria	PROPN
faba-46	107	8	is	be	AUX
faba-46	107	9	52.8	52.8	NUM
faba-46	107	10	%	%	NOUN
faba-46	107	11	of	of	ADP
faba-46	107	12	the	the	DET
faba-46	107	13	eu	eu	PROPN
faba-46	107	14	average	average	NOUN
faba-46	107	15	.	.	PUNCT
faba-46	108	1	there	there	PRON
faba-46	108	2	is	be	VERB
faba-46	108	3	no	no	DET
faba-46	108	4	formal	formal	ADJ
faba-46	108	5	requirement	requirement	NOUN
faba-46	108	6	about	about	ADP
faba-46	108	7	the	the	DET
faba-46	108	8	gdp	gdp	NOUN
faba-46	108	9	per	per	ADP
faba-46	108	10	capita	capita	NOUN
faba-46	108	11	in	in	ADP
faba-46	108	12	pps	pps	NOUN
faba-46	108	13	but	but	CCONJ
faba-46	108	14	unofficially	unofficially	ADV
faba-46	108	15	this	this	DET
faba-46	108	16	ratio	ratio	NOUN
faba-46	108	17	should	should	AUX
faba-46	108	18	be	be	AUX
faba-46	108	19	at	at	ADV
faba-46	108	20	least	least	ADJ
faba-46	108	21	70	70	NUM
faba-46	108	22	%	%	NOUN
faba-46	108	23	of	of	ADP
faba-46	108	24	the	the	DET
faba-46	108	25	eu	eu	PROPN
faba-46	108	26	average	average	NOUN
faba-46	108	27	at	at	ADP
faba-46	108	28	the	the	DET
faba-46	108	29	time	time	NOUN
faba-46	108	30	of	of	ADP
faba-46	108	31	accession	accession	NOUN
faba-46	108	32	to	to	ADP
faba-46	108	33	the	the	DET
faba-46	108	34	emu	emu	PROPN
faba-46	108	35	.	.	PUNCT
faba-46	109	1	as	as	SCONJ
faba-46	109	2	it	it	PRON
faba-46	109	3	is	be	AUX
faba-46	109	4	evident	evident	ADJ
faba-46	109	5	croatia	croatia	NOUN
faba-46	109	6	is	be	AUX
faba-46	109	7	much	much	ADV
faba-46	109	8	closer	close	ADJ
faba-46	109	9	to	to	ADP
faba-46	109	10	this	this	DET
faba-46	109	11	threshold	threshold	NOUN
faba-46	109	12	while	while	SCONJ
faba-46	109	13	bulgaria	bulgaria	PROPN
faba-46	109	14	will	will	AUX
faba-46	109	15	need	need	VERB
faba-46	109	16	much	much	ADV
faba-46	109	17	more	more	ADJ
faba-46	109	18	time	time	NOUN
faba-46	109	19	to	to	PART
faba-46	109	20	reach	reach	VERB
faba-46	109	21	it	it	PRON
faba-46	109	22	.	.	PUNCT
faba-46	110	1	this	this	PRON
faba-46	110	2	means	mean	VERB
faba-46	110	3	that	that	SCONJ
faba-46	110	4	bulgaria	bulgaria	PROPN
faba-46	110	5	’s	’s	PART
faba-46	110	6	stay	stay	NOUN
faba-46	110	7	at	at	ADP
faba-46	110	8	the	the	DET
faba-46	110	9	erm	erm	PROPN
faba-46	110	10	ii	ii	PROPN
faba-46	110	11	could	could	AUX
faba-46	110	12	last	last	VERB
faba-46	110	13	very	very	ADV
faba-46	110	14	long	long	ADV
faba-46	110	15	to	to	PART
faba-46	110	16	achieve	achieve	VERB
faba-46	110	17	more	more	ADV
faba-46	110	18	sustainable	sustainable	ADJ
faba-46	110	19	levels	level	NOUN
faba-46	110	20	of	of	ADP
faba-46	110	21	convergence	convergence	NOUN
faba-46	110	22	.	.	PUNCT
faba-46	111	1	apart	apart	ADV
faba-46	111	2	from	from	ADP
faba-46	111	3	this	this	PRON
faba-46	111	4	the	the	DET
faba-46	111	5	convergence	convergence	NOUN
faba-46	111	6	of	of	ADP
faba-46	111	7	price	price	NOUN
faba-46	111	8	level	level	NOUN
faba-46	111	9	would	would	AUX
faba-46	111	10	lead	lead	VERB
faba-46	111	11	to	to	ADP
faba-46	111	12	higher	high	ADJ
faba-46	111	13	rates	rate	NOUN
faba-46	111	14	of	of	ADP
faba-46	111	15	inflation	inflation	NOUN
faba-46	111	16	which	which	PRON
faba-46	111	17	could	could	AUX
faba-46	111	18	be	be	AUX
faba-46	111	19	an	an	DET
faba-46	111	20	obstacle	obstacle	NOUN
faba-46	111	21	to	to	PART
faba-46	111	22	meeting	meet	VERB
faba-46	111	23	the	the	DET
faba-46	111	24	price	price	NOUN
faba-46	111	25	stability	stability	NOUN
faba-46	111	26	criterion	criterion	NOUN
faba-46	111	27	in	in	ADP
faba-46	111	28	sustainable	sustainable	ADJ
faba-46	111	29	way	way	NOUN
faba-46	111	30	.	.	PUNCT
faba-46	112	1	bulgaria	bulgaria	PROPN
faba-46	112	2	and	and	CCONJ
faba-46	112	3	croatia	croatia	PROPN
faba-46	112	4	will	will	AUX
faba-46	112	5	be	be	AUX
faba-46	112	6	the	the	DET
faba-46	112	7	two	two	NUM
faba-46	112	8	countries	country	NOUN
faba-46	112	9	participating	participate	VERB
faba-46	112	10	in	in	ADP
faba-46	112	11	the	the	DET
faba-46	112	12	banking	banking	NOUN
faba-46	112	13	union	union	NOUN
faba-46	112	14	and	and	CCONJ
faba-46	112	15	outside	outside	ADP
faba-46	112	16	the	the	DET
faba-46	112	17	emu	emu	PROPN
faba-46	112	18	.	.	PUNCT
faba-46	113	1	the	the	DET
faba-46	113	2	mechanism	mechanism	NOUN
faba-46	113	3	of	of	ADP
faba-46	113	4	close	close	ADJ
faba-46	113	5	cooperation	cooperation	NOUN
faba-46	113	6	means	mean	VERB
faba-46	113	7	that	that	SCONJ
faba-46	113	8	the	the	DET
faba-46	113	9	ecb	ecb	NOUN
faba-46	113	10	will	will	AUX
faba-46	113	11	supervise	supervise	VERB
faba-46	113	12	directly	directly	ADV
faba-46	113	13	significant	significant	ADJ
faba-46	113	14	banks	bank	NOUN
faba-46	113	15	and	and	CCONJ
faba-46	113	16	any	any	DET
faba-46	113	17	other	other	ADJ
faba-46	113	18	bank	bank	NOUN
faba-46	113	19	considered	consider	VERB
faba-46	113	20	important	important	ADJ
faba-46	113	21	for	for	ADP
faba-46	113	22	the	the	DET
faba-46	113	23	stability	stability	NOUN
faba-46	113	24	of	of	ADP
faba-46	113	25	the	the	DET
faba-46	113	26	national	national	ADJ
faba-46	113	27	banking	banking	NOUN
faba-46	113	28	system	system	NOUN
faba-46	113	29	.	.	PUNCT
faba-46	114	1	for	for	ADP
faba-46	114	2	the	the	DET
faba-46	114	3	rest	rest	NOUN
faba-46	114	4	of	of	ADP
faba-46	114	5	the	the	DET
faba-46	114	6	banks	bank	NOUN
faba-46	114	7	ecb	ecb	NOUN
faba-46	114	8	will	will	AUX
faba-46	114	9	issue	issue	VERB
faba-46	114	10	instructions	instruction	NOUN
faba-46	114	11	.	.	PUNCT
faba-46	115	1	in	in	ADP
faba-46	115	2	such	such	ADJ
faba-46	115	3	circumstances	circumstance	NOUN
faba-46	115	4	an	an	DET
faba-46	115	5	asymmetry	asymmetry	NOUN
faba-46	115	6	will	will	AUX
faba-46	115	7	emerge	emerge	VERB
faba-46	115	8	because	because	SCONJ
faba-46	115	9	the	the	DET
faba-46	115	10	ecb	ecb	NOUN
faba-46	115	11	will	will	AUX
faba-46	115	12	have	have	VERB
faba-46	115	13	the	the	DET
faba-46	115	14	power	power	NOUN
faba-46	115	15	while	while	SCONJ
faba-46	115	16	the	the	DET
faba-46	115	17	bnb	bnb	NOUN
faba-46	115	18	will	will	AUX
faba-46	115	19	be	be	AUX
faba-46	115	20	liable	liable	ADJ
faba-46	115	21	.	.	PUNCT
faba-46	116	1	the	the	DET
faba-46	116	2	ecb	ecb	NOUN
faba-46	116	3	will	will	AUX
faba-46	116	4	make	make	VERB
faba-46	116	5	decisions	decision	NOUN
faba-46	116	6	and	and	CCONJ
faba-46	116	7	the	the	DET
faba-46	116	8	bnb	bnb	NOUN
faba-46	116	9	will	will	AUX
faba-46	116	10	implement	implement	VERB
faba-46	116	11	them	they	PRON
faba-46	116	12	and	and	CCONJ
faba-46	116	13	will	will	AUX
faba-46	116	14	be	be	AUX
faba-46	116	15	responsible	responsible	ADJ
faba-46	116	16	for	for	ADP
faba-46	116	17	eventual	eventual	ADJ
faba-46	116	18	errors	error	NOUN
faba-46	116	19	.	.	PUNCT
faba-46	117	1	initially	initially	ADV
faba-46	117	2	,	,	PUNCT
faba-46	117	3	there	there	PRON
faba-46	117	4	will	will	AUX
faba-46	117	5	be	be	AUX
faba-46	117	6	uncertainty	uncertainty	NOUN
faba-46	117	7	which	which	PRON
faba-46	117	8	banks	bank	NOUN
faba-46	117	9	will	will	AUX
faba-46	117	10	be	be	AUX
faba-46	117	11	supervised	supervise	VERB
faba-46	117	12	directly	directly	ADV
faba-46	117	13	by	by	ADP
faba-46	117	14	the	the	DET
faba-46	117	15	ecb	ecb	PROPN
faba-46	117	16	.	.	PUNCT
faba-46	118	1	banking	banking	NOUN
faba-46	118	2	legislation	legislation	NOUN
faba-46	118	3	and	and	CCONJ
faba-46	118	4	rules	rule	NOUN
faba-46	118	5	in	in	ADP
faba-46	118	6	bulgaria	bulgaria	PROPN
faba-46	118	7	should	should	AUX
faba-46	118	8	quickly	quickly	ADV
faba-46	118	9	be	be	AUX
faba-46	118	10	synchronized	synchronize	VERB
faba-46	118	11	to	to	ADP
faba-46	118	12	these	these	PRON
faba-46	118	13	in	in	ADP
faba-46	118	14	the	the	DET
faba-46	118	15	euro	euro	PROPN
faba-46	118	16	area	area	NOUN
faba-46	118	17	.	.	PUNCT
faba-46	119	1	at	at	ADP
faba-46	119	2	present	present	ADJ
faba-46	119	3	,	,	PUNCT
faba-46	119	4	there	there	PRON
faba-46	119	5	are	be	VERB
faba-46	119	6	differences	difference	NOUN
faba-46	119	7	in	in	ADP
faba-46	119	8	terms	term	NOUN
faba-46	119	9	of	of	ADP
faba-46	119	10	requirement	requirement	NOUN
faba-46	119	11	about	about	ADP
faba-46	119	12	the	the	DET
faba-46	119	13	capital	capital	NOUN
faba-46	119	14	adequacy	adequacy	NOUN
faba-46	119	15	and	and	CCONJ
faba-46	119	16	liquidity	liquidity	NOUN
faba-46	119	17	(	(	PUNCT
faba-46	119	18	minimum	minimum	NOUN
faba-46	119	19	reserve	reserve	NOUN
faba-46	119	20	requirements	requirement	NOUN
faba-46	119	21	)	)	PUNCT
faba-46	119	22	.	.	PUNCT
faba-46	120	1	in	in	ADP
faba-46	120	2	bulgaria	bulgaria	PROPN
faba-46	120	3	,	,	PUNCT
faba-46	120	4	they	they	PRON
faba-46	120	5	are	be	AUX
faba-46	120	6	higher	high	ADJ
faba-46	120	7	.	.	PUNCT
faba-46	121	1	for	for	ADP
faba-46	121	2	example	example	NOUN
faba-46	121	3	,	,	PUNCT
faba-46	121	4	the	the	DET
faba-46	121	5	mrr	mrr	NOUN
faba-46	121	6	ratio	ratio	NOUN
faba-46	121	7	in	in	ADP
faba-46	121	8	bulgaria	bulgaria	PROPN
faba-46	121	9	is	be	AUX
faba-46	121	10	10	10	NUM
faba-46	121	11	%	%	NOUN
faba-46	121	12	while	while	SCONJ
faba-46	121	13	it	it	PRON
faba-46	121	14	is	be	AUX
faba-46	121	15	1	1	NUM
faba-46	121	16	%	%	NOUN
faba-46	121	17	in	in	ADP
faba-46	121	18	the	the	DET
faba-46	121	19	euro	euro	PROPN
faba-46	121	20	area	area	NOUN
faba-46	121	21	.	.	PUNCT
faba-46	122	1	it	it	PRON
faba-46	122	2	is	be	AUX
faba-46	122	3	not	not	PART
faba-46	122	4	appropriate	appropriate	ADJ
faba-46	122	5	bulgarian	bulgarian	ADJ
faba-46	122	6	banks	bank	NOUN
faba-46	122	7	to	to	PART
faba-46	122	8	be	be	AUX
faba-46	122	9	treated	treat	VERB
faba-46	122	10	differently	differently	ADV
faba-46	122	11	depending	depend	VERB
faba-46	122	12	on	on	ADP
faba-46	122	13	the	the	DET
faba-46	122	14	supervising	supervising	NOUN
faba-46	122	15	institution	institution	NOUN
faba-46	122	16	.	.	PUNCT
faba-46	123	1	the	the	DET
faba-46	123	2	mrr	mrr	PROPN
faba-46	123	3	ratio	ratio	NOUN
faba-46	123	4	is	be	AUX
faba-46	123	5	much	much	ADV
faba-46	123	6	higher	high	ADJ
faba-46	123	7	than	than	ADP
faba-46	123	8	in	in	ADP
faba-46	123	9	the	the	DET
faba-46	123	10	euro	euro	NOUN
faba-46	123	11	area	area	NOUN
faba-46	123	12	on	on	ADP
faba-46	123	13	purpose	purpose	NOUN
faba-46	123	14	.	.	PUNCT
faba-46	124	1	as	as	ADP
faba-46	124	2	in	in	ADP
faba-46	124	3	bulgaria	bulgaria	PROPN
faba-46	124	4	a	a	DET
faba-46	124	5	lender	lender	NOUN
faba-46	124	6	of	of	ADP
faba-46	124	7	last	last	ADJ
faba-46	124	8	resort	resort	NOUN
faba-46	124	9	function	function	NOUN
faba-46	124	10	of	of	ADP
faba-46	124	11	the	the	DET
faba-46	124	12	central	central	ADJ
faba-46	124	13	bank	bank	NOUN
faba-46	124	14	is	be	AUX
faba-46	124	15	absent	absent	ADJ
faba-46	124	16	due	due	ADP
faba-46	124	17	to	to	ADP
faba-46	124	18	the	the	DET
faba-46	124	19	currency	currency	NOUN
faba-46	124	20	board	board	NOUN
faba-46	124	21	arrangement	arrangement	NOUN
faba-46	124	22	,	,	PUNCT
faba-46	124	23	banks	bank	NOUN
faba-46	124	24	should	should	AUX
faba-46	124	25	acquire	acquire	VERB
faba-46	124	26	liquidity	liquidity	NOUN
faba-46	124	27	on	on	ADP
faba-46	124	28	the	the	DET
faba-46	124	29	interbank	interbank	NOUN
faba-46	124	30	money	money	NOUN
faba-46	124	31	market	market	NOUN
faba-46	124	32	.	.	PUNCT
faba-46	125	1	so	so	ADV
faba-46	125	2	,	,	PUNCT
faba-46	125	3	it	it	PRON
faba-46	125	4	is	be	AUX
faba-46	125	5	of	of	ADP
faba-46	125	6	their	their	PRON
faba-46	125	7	own	own	ADJ
faba-46	125	8	interest	interest	NOUN
faba-46	125	9	to	to	PART
faba-46	125	10	have	have	VERB
faba-46	125	11	enough	enough	ADJ
faba-46	125	12	reserves	reserve	NOUN
faba-46	125	13	in	in	ADP
faba-46	125	14	case	case	NOUN
faba-46	125	15	of	of	ADP
faba-46	125	16	deposit	deposit	NOUN
faba-46	125	17	withdrawals	withdrawal	NOUN
faba-46	125	18	.	.	PUNCT
faba-46	126	1	apart	apart	ADV
faba-46	126	2	from	from	ADP
faba-46	126	3	this	this	PRON
faba-46	126	4	a	a	DET
faba-46	126	5	gradual	gradual	ADJ
faba-46	126	6	decrease	decrease	NOUN
faba-46	126	7	of	of	ADP
faba-46	126	8	minimum	minimum	NOUN
faba-46	126	9	reserve	reserve	NOUN
faba-46	126	10	requirement	requirement	NOUN
faba-46	126	11	ratio	ratio	NOUN
faba-46	126	12	should	should	AUX
faba-46	126	13	be	be	AUX
faba-46	126	14	implemented	implement	VERB
faba-46	126	15	by	by	ADP
faba-46	126	16	the	the	DET
faba-46	126	17	bnb	bnb	PROPN
faba-46	126	18	.	.	PUNCT
faba-46	127	1	banks	bank	NOUN
faba-46	127	2	should	should	AUX
faba-46	127	3	change	change	VERB
faba-46	127	4	their	their	PRON
faba-46	127	5	liquidity	liquidity	NOUN
faba-46	127	6	management	management	NOUN
faba-46	127	7	and	and	CCONJ
faba-46	127	8	should	should	AUX
faba-46	127	9	hold	hold	VERB
faba-46	127	10	more	more	ADJ
faba-46	127	11	excess	excess	ADJ
faba-46	127	12	reserves	reserve	NOUN
faba-46	127	13	to	to	PART
faba-46	127	14	avoid	avoid	VERB
faba-46	127	15	liquidity	liquidity	NOUN
faba-46	127	16	shortages	shortage	NOUN
faba-46	127	17	and	and	CCONJ
faba-46	127	18	sudden	sudden	ADJ
faba-46	127	19	increases	increase	NOUN
faba-46	127	20	of	of	ADP
faba-46	127	21	overnight	overnight	ADJ
faba-46	127	22	interest	interest	NOUN
faba-46	127	23	rates	rate	NOUN
faba-46	127	24	.	.	PUNCT
faba-46	128	1	a	a	DET
faba-46	128	2	major	major	ADJ
faba-46	128	3	risk	risk	NOUN
faba-46	128	4	is	be	AUX
faba-46	128	5	that	that	SCONJ
faba-46	128	6	subsidiaries	subsidiary	NOUN
faba-46	128	7	of	of	ADP
faba-46	128	8	euro	euro	NOUN
faba-46	128	9	area	area	NOUN
faba-46	128	10	banks	bank	NOUN
faba-46	128	11	might	might	AUX
faba-46	128	12	transform	transform	VERB
faba-46	128	13	them	they	PRON
faba-46	128	14	into	into	ADP
faba-46	128	15	branches	branch	NOUN
faba-46	128	16	which	which	PRON
faba-46	128	17	are	be	AUX
faba-46	128	18	not	not	PART
faba-46	128	19	separate	separate	ADJ
faba-46	128	20	legal	legal	ADJ
faba-46	128	21	persons	person	NOUN
faba-46	128	22	registered	register	VERB
faba-46	128	23	in	in	ADP
faba-46	128	24	bulgaria	bulgaria	PROPN
faba-46	128	25	.	.	PUNCT
faba-46	129	1	eventually	eventually	ADV
faba-46	129	2	over	over	ADP
faba-46	129	3	eur	eur	PROPN
faba-46	129	4	2.5	2.5	NUM
faba-46	129	5	billion	billion	NUM
faba-46	129	6	is	be	AUX
faba-46	129	7	expected	expect	VERB
faba-46	129	8	to	to	PART
faba-46	129	9	outflow	outflow	VERB
faba-46	129	10	from	from	ADP
faba-46	129	11	bulgaria	bulgaria	PROPN
faba-46	129	12	’s	’s	PART
faba-46	129	13	economy	economy	NOUN
faba-46	129	14	.	.	PUNCT
faba-46	130	1	it	it	PRON
faba-46	130	2	is	be	AUX
faba-46	130	3	a	a	DET
faba-46	130	4	policy	policy	NOUN
faba-46	130	5	of	of	ADP
faba-46	130	6	the	the	DET
faba-46	130	7	ecb	ecb	NOUN
faba-46	130	8	to	to	PART
faba-46	130	9	create	create	VERB
faba-46	130	10	champion	champion	NOUN
faba-46	130	11	banks	bank	NOUN
faba-46	130	12	to	to	PART
faba-46	130	13	be	be	AUX
faba-46	130	14	competitive	competitive	ADJ
faba-46	130	15	on	on	ADP
faba-46	130	16	global	global	ADJ
faba-46	130	17	markets	market	NOUN
faba-46	130	18	.	.	PUNCT
faba-46	131	1	so	so	ADV
faba-46	131	2	,	,	PUNCT
faba-46	131	3	the	the	DET
faba-46	131	4	management	management	NOUN
faba-46	131	5	of	of	ADP
faba-46	131	6	the	the	DET
faba-46	131	7	banking	banking	NOUN
faba-46	131	8	supervision	supervision	NOUN
faba-46	131	9	at	at	ADP
faba-46	131	10	the	the	DET
faba-46	131	11	ecb	ecb	NOUN
faba-46	131	12	promotes	promote	VERB
faba-46	131	13	bank	bank	NOUN
faba-46	131	14	consolidation	consolidation	NOUN
faba-46	131	15	and	and	CCONJ
faba-46	131	16	withdrawal	withdrawal	NOUN
faba-46	131	17	of	of	ADP
faba-46	131	18	capital	capital	NOUN
faba-46	131	19	from	from	ADP
faba-46	131	20	subsidiaries	subsidiary	NOUN
faba-46	131	21	.	.	PUNCT
faba-46	132	1	in	in	ADP
faba-46	132	2	bulgaria	bulgaria	PROPN
faba-46	132	3	some	some	PRON
faba-46	132	4	of	of	ADP
faba-46	132	5	the	the	DET
faba-46	132	6	largest	large	ADJ
faba-46	132	7	banks	bank	NOUN
faba-46	132	8	are	be	AUX
faba-46	132	9	owned	own	VERB
faba-46	132	10	by	by	ADP
faba-46	132	11	banks	bank	NOUN
faba-46	132	12	from	from	ADP
faba-46	132	13	the	the	DET
faba-46	132	14	euro	euro	PROPN
faba-46	132	15	area	area	NOUN
faba-46	132	16	and	and	CCONJ
faba-46	132	17	probability	probability	NOUN
faba-46	132	18	of	of	ADP
faba-46	132	19	transforming	transform	VERB
faba-46	132	20	their	their	PRON
faba-46	132	21	subsidiaries	subsidiary	NOUN
faba-46	132	22	to	to	ADP
faba-46	132	23	branches	branch	NOUN
faba-46	132	24	is	be	AUX
faba-46	132	25	high	high	ADJ
faba-46	132	26	.	.	PUNCT
faba-46	133	1	this	this	PRON
faba-46	133	2	is	be	AUX
faba-46	133	3	a	a	DET
faba-46	133	4	win	win	NOUN
faba-46	133	5	-	-	PUNCT
faba-46	133	6	win	win	NOUN
faba-46	133	7	situation	situation	NOUN
faba-46	133	8	for	for	ADP
faba-46	133	9	banks	bank	NOUN
faba-46	133	10	as	as	SCONJ
faba-46	133	11	capital	capital	NOUN
faba-46	133	12	adequacy	adequacy	NOUN
faba-46	133	13	ratio	ratio	NOUN
faba-46	133	14	is	be	AUX
faba-46	133	15	lower	low	ADJ
faba-46	133	16	in	in	ADP
faba-46	133	17	the	the	DET
faba-46	133	18	euro	euro	NOUN
faba-46	133	19	area	area	NOUN
faba-46	133	20	than	than	ADP
faba-46	133	21	in	in	ADP
faba-46	133	22	bulgaria	bulgaria	PROPN
faba-46	133	23	.	.	PUNCT
faba-46	134	1	so	so	ADV
faba-46	134	2	,	,	PUNCT
faba-46	134	3	they	they	PRON
faba-46	134	4	will	will	AUX
faba-46	134	5	be	be	AUX
faba-46	134	6	able	able	ADJ
faba-46	134	7	to	to	PART
faba-46	134	8	raise	raise	VERB
faba-46	134	9	additional	additional	ADJ
faba-46	134	10	capital	capital	NOUN
faba-46	134	11	for	for	ADP
faba-46	134	12	mother	mother	NOUN
faba-46	134	13	banks	bank	NOUN
faba-46	134	14	and	and	CCONJ
faba-46	134	15	continue	continue	VERB
faba-46	134	16	running	run	VERB
faba-46	134	17	their	their	PRON
faba-46	134	18	business	business	NOUN
faba-46	134	19	in	in	ADP
faba-46	134	20	bulgaria	bulgaria	PROPN
faba-46	134	21	at	at	ADP
faba-46	134	22	lower	low	ADJ
faba-46	134	23	administrative	administrative	ADJ
faba-46	134	24	costs	cost	NOUN
faba-46	134	25	.	.	PUNCT
faba-46	135	1	the	the	DET
faba-46	135	2	european	european	PROPN
faba-46	135	3	banking	banking	PROPN
faba-46	135	4	supervision	supervision	NOUN
faba-46	135	5	will	will	AUX
faba-46	135	6	also	also	ADV
faba-46	135	7	encourage	encourage	VERB
faba-46	135	8	consolidation	consolidation	NOUN
faba-46	135	9	of	of	ADP
faba-46	135	10	banks	bank	NOUN
faba-46	135	11	of	of	ADP
faba-46	135	12	the	the	DET
faba-46	135	13	local	local	ADJ
faba-46	135	14	market	market	NOUN
faba-46	135	15	.	.	PUNCT
faba-46	136	1	as	as	ADP
faba-46	136	2	a	a	DET
faba-46	136	3	result	result	NOUN
faba-46	136	4	,	,	PUNCT
faba-46	136	5	the	the	DET
faba-46	136	6	concentration	concentration	NOUN
faba-46	136	7	of	of	ADP
faba-46	136	8	the	the	DET
faba-46	136	9	market	market	NOUN
faba-46	136	10	will	will	AUX
faba-46	136	11	decrease	decrease	VERB
faba-46	136	12	the	the	DET
faba-46	136	13	competition	competition	NOUN
faba-46	136	14	and	and	CCONJ
faba-46	136	15	ultimately	ultimately	ADV
faba-46	136	16	affect	affect	VERB
faba-46	136	17	the	the	DET
faba-46	136	18	customers	customer	NOUN
faba-46	136	19	.	.	PUNCT
faba-46	137	1	profitability	profitability	NOUN
faba-46	137	2	ratios	ratio	NOUN
faba-46	137	3	will	will	AUX
faba-46	137	4	probably	probably	ADV
faba-46	137	5	rise	rise	VERB
faba-46	137	6	on	on	ADP
faba-46	137	7	the	the	DET
faba-46	137	8	account	account	NOUN
faba-46	137	9	of	of	ADP
faba-46	137	10	bank	bank	NOUN
faba-46	137	11	clients	client	NOUN
faba-46	137	12	.	.	PUNCT
faba-46	138	1	for	for	ADP
faba-46	138	2	the	the	DET
faba-46	138	3	depositors	depositor	NOUN
faba-46	138	4	,	,	PUNCT
faba-46	138	5	such	such	ADJ
faba-46	138	6	operation	operation	NOUN
faba-46	138	7	will	will	AUX
faba-46	138	8	mean	mean	VERB
faba-46	138	9	that	that	SCONJ
faba-46	138	10	they	they	PRON
faba-46	138	11	become	become	VERB
faba-46	138	12	customers	customer	NOUN
faba-46	138	13	of	of	ADP
faba-46	138	14	foreign	foreign	ADJ
faba-46	138	15	based	base	VERB
faba-46	138	16	banks	bank	NOUN
faba-46	138	17	and	and	CCONJ
faba-46	138	18	their	their	PRON
faba-46	138	19	deposits	deposit	NOUN
faba-46	138	20	will	will	AUX
faba-46	138	21	be	be	AUX
faba-46	138	22	insured	insure	VERB
faba-46	138	23	at	at	ADP
faba-46	138	24	other	other	ADJ
faba-46	138	25	institution	institution	NOUN
faba-46	138	26	abroad	abroad	ADV
faba-46	138	27	.	.	PUNCT
faba-46	139	1	hence	hence	ADV
faba-46	139	2	,	,	PUNCT
faba-46	139	3	part	part	NOUN
faba-46	139	4	of	of	ADP
faba-46	139	5	the	the	DET
faba-46	139	6	contributions	contribution	NOUN
faba-46	139	7	of	of	ADP
faba-46	139	8	these	these	DET
faba-46	139	9	banks	bank	NOUN
faba-46	139	10	at	at	ADP
faba-46	139	11	the	the	DET
faba-46	139	12	local	local	ADJ
faba-46	139	13	deposit	deposit	NOUN
faba-46	139	14	insurance	insurance	NOUN
faba-46	139	15	fund	fund	NOUN
faba-46	139	16	and	and	CCONJ
faba-46	139	17	in	in	ADP
faba-46	139	18	resolution	resolution	NOUN
faba-46	139	19	fund	fund	NOUN
faba-46	139	20	will	will	AUX
faba-46	139	21	be	be	AUX
faba-46	139	22	transferred	transfer	VERB
faba-46	139	23	to	to	ADP
faba-46	139	24	the	the	DET
faba-46	139	25	respective	respective	ADJ
faba-46	139	26	foreign	foreign	ADJ
faba-46	139	27	funds	fund	NOUN
faba-46	139	28	.	.	PUNCT
faba-46	140	1	as	as	ADP
faba-46	140	2	a	a	DET
faba-46	140	3	result	result	NOUN
faba-46	140	4	,	,	PUNCT
faba-46	140	5	a	a	DET
faba-46	140	6	major	major	ADJ
faba-46	140	7	capital	capital	NOUN
faba-46	140	8	outflow	outflow	NOUN
faba-46	140	9	is	be	AUX
faba-46	140	10	possible	possible	ADJ
faba-46	140	11	from	from	ADP
faba-46	140	12	bulgaria	bulgaria	PROPN
faba-46	140	13	to	to	ADP
faba-46	140	14	the	the	DET
faba-46	140	15	euro	euro	PROPN
faba-46	140	16	area	area	NOUN
faba-46	140	17	countries	country	NOUN
faba-46	140	18	because	because	SCONJ
faba-46	140	19	of	of	ADP
faba-46	140	20	the	the	DET
faba-46	140	21	change	change	NOUN
faba-46	140	22	of	of	ADP
faba-46	140	23	the	the	DET
faba-46	140	24	banks	bank	NOUN
faba-46	140	25	’	’	PART
faba-46	140	26	legal	legal	ADJ
faba-46	140	27	form	form	NOUN
faba-46	140	28	from	from	ADP
faba-46	140	29	subsidiaries	subsidiary	NOUN
faba-46	140	30	to	to	ADP
faba-46	140	31	branches	branch	NOUN
faba-46	140	32	.	.	PUNCT
faba-46	141	1	direct	direct	ADJ
faba-46	141	2	consequence	consequence	NOUN
faba-46	141	3	of	of	ADP
faba-46	141	4	this	this	PRON
faba-46	141	5	is	be	AUX
faba-46	141	6	the	the	DET
faba-46	141	7	drop	drop	NOUN
faba-46	141	8	of	of	ADP
faba-46	141	9	foreign	foreign	ADJ
faba-46	141	10	direct	direct	ADJ
faba-46	141	11	investment	investment	NOUN
faba-46	141	12	in	in	ADP
faba-46	141	13	the	the	DET
faba-46	141	14	banking	banking	NOUN
faba-46	141	15	sector	sector	NOUN
faba-46	141	16	and	and	CCONJ
faba-46	141	17	that	that	PRON
faba-46	141	18	could	could	AUX
faba-46	141	19	worsen	worsen	VERB
faba-46	141	20	the	the	DET
faba-46	141	21	financial	financial	ADJ
faba-46	141	22	account	account	NOUN
faba-46	141	23	of	of	ADP
faba-46	141	24	the	the	DET
faba-46	141	25	balance	balance	NOUN
faba-46	141	26	of	of	ADP
faba-46	141	27	payments	payment	NOUN
faba-46	141	28	and	and	CCONJ
faba-46	141	29	decrease	decrease	VERB
faba-46	141	30	the	the	DET
faba-46	141	31	foreign	foreign	ADJ
faba-46	141	32	investors	investor	NOUN
faba-46	141	33	’	'	PUNCT
faba-46	141	34	confidence	confidence	NOUN
faba-46	141	35	.	.	PUNCT
faba-46	142	1	this	this	PRON
faba-46	142	2	,	,	PUNCT
faba-46	142	3	along	along	ADP
faba-46	142	4	with	with	ADP
faba-46	142	5	the	the	DET
faba-46	142	6	political	political	ADJ
faba-46	142	7	uncertainty	uncertainty	NOUN
faba-46	142	8	and	and	CCONJ
faba-46	142	9	rather	rather	ADV
faba-46	142	10	unfavorable	unfavorable	ADJ
faba-46	142	11	business	business	NOUN
faba-46	142	12	environment	environment	NOUN
faba-46	142	13	could	could	AUX
faba-46	142	14	jeopardize	jeopardize	VERB
faba-46	142	15	the	the	DET
faba-46	142	16	inflow	inflow	NOUN
faba-46	142	17	of	of	ADP
faba-46	142	18	foreign	foreign	ADJ
faba-46	142	19	investment	investment	NOUN
faba-46	142	20	in	in	ADP
faba-46	142	21	the	the	DET
faba-46	142	22	country	country	NOUN
faba-46	142	23	.	.	PUNCT
faba-46	143	1	dimitar	dimitar	PROPN
faba-46	143	2	chobanov	chobanov	PROPN
faba-46	143	3	/	/	SYM
faba-46	143	4	finance	finance	NOUN
faba-46	143	5	,	,	PUNCT
faba-46	143	6	accounting	accounting	NOUN
faba-46	143	7	and	and	CCONJ
faba-46	143	8	business	business	NOUN
faba-46	143	9	analysis	analysis	NOUN
faba-46	143	10	2	2	NUM
faba-46	143	11	(	(	PUNCT
faba-46	143	12	2	2	NUM
faba-46	143	13	)	)	PUNCT
faba-46	143	14	2020	2020	NUM
faba-46	143	15	131	131	NUM
faba-46	143	16	yet	yet	ADV
faba-46	143	17	,	,	PUNCT
faba-46	143	18	the	the	DET
faba-46	143	19	negative	negative	ADJ
faba-46	143	20	effect	effect	NOUN
faba-46	143	21	on	on	ADP
faba-46	143	22	the	the	DET
faba-46	143	23	investment	investment	NOUN
faba-46	143	24	is	be	AUX
faba-46	143	25	expected	expect	VERB
faba-46	143	26	to	to	PART
faba-46	143	27	be	be	AUX
faba-46	143	28	small	small	ADJ
faba-46	143	29	.	.	PUNCT
faba-46	144	1	capital	capital	NOUN
faba-46	144	2	outflows	outflow	NOUN
faba-46	144	3	will	will	AUX
faba-46	144	4	have	have	VERB
faba-46	144	5	another	another	DET
faba-46	144	6	negative	negative	ADJ
faba-46	144	7	impact	impact	NOUN
faba-46	144	8	in	in	ADP
faba-46	144	9	terms	term	NOUN
faba-46	144	10	of	of	ADP
faba-46	144	11	lowering	lower	VERB
faba-46	144	12	official	official	ADJ
faba-46	144	13	foreign	foreign	ADJ
faba-46	144	14	exchange	exchange	NOUN
faba-46	144	15	reserves	reserve	NOUN
faba-46	144	16	.	.	PUNCT
faba-46	145	1	as	as	SCONJ
faba-46	145	2	they	they	PRON
faba-46	145	3	cover	cover	VERB
faba-46	145	4	the	the	DET
faba-46	145	5	monetary	monetary	ADJ
faba-46	145	6	base	base	NOUN
faba-46	145	7	it	it	PRON
faba-46	145	8	eventually	eventually	ADV
faba-46	145	9	will	will	AUX
faba-46	145	10	contract	contract	VERB
faba-46	145	11	leading	lead	VERB
faba-46	145	12	to	to	ADP
faba-46	145	13	higher	high	ADJ
faba-46	145	14	interest	interest	NOUN
faba-46	145	15	rates	rate	NOUN
faba-46	145	16	.	.	PUNCT
faba-46	146	1	on	on	ADP
faba-46	146	2	the	the	DET
faba-46	146	3	other	other	ADJ
faba-46	146	4	hand	hand	NOUN
faba-46	146	5	,	,	PUNCT
faba-46	146	6	lower	low	ADJ
faba-46	146	7	minimum	minimum	NOUN
faba-46	146	8	reserve	reserve	NOUN
faba-46	146	9	requirement	requirement	NOUN
faba-46	146	10	ratio	ratio	NOUN
faba-46	146	11	will	will	AUX
faba-46	146	12	counteract	counteract	VERB
faba-46	146	13	so	so	SCONJ
faba-46	146	14	the	the	DET
faba-46	146	15	overall	overall	ADJ
faba-46	146	16	effect	effect	NOUN
faba-46	146	17	is	be	AUX
faba-46	146	18	hard	hard	ADJ
faba-46	146	19	to	to	PART
faba-46	146	20	be	be	AUX
faba-46	146	21	determined	determine	VERB
faba-46	146	22	.	.	PUNCT
faba-46	147	1	in	in	ADP
faba-46	147	2	period	period	NOUN
faba-46	147	3	of	of	ADP
faba-46	147	4	economic	economic	ADJ
faba-46	147	5	restructuring	restructuring	NOUN
faba-46	147	6	a	a	DET
faba-46	147	7	rise	rise	NOUN
faba-46	147	8	in	in	ADP
faba-46	147	9	interest	interest	NOUN
faba-46	147	10	rates	rate	NOUN
faba-46	147	11	might	might	AUX
faba-46	147	12	result	result	VERB
faba-46	147	13	in	in	ADP
faba-46	147	14	more	more	ADV
faba-46	147	15	severe	severe	ADJ
faba-46	147	16	and	and	CCONJ
faba-46	147	17	more	more	ADV
faba-46	147	18	protracted	protracted	ADJ
faba-46	147	19	recovery	recovery	NOUN
faba-46	147	20	with	with	ADP
faba-46	147	21	greater	great	ADJ
faba-46	147	22	social	social	ADJ
faba-46	147	23	cost	cost	NOUN
faba-46	147	24	in	in	ADP
faba-46	147	25	terms	term	NOUN
faba-46	147	26	of	of	ADP
faba-46	147	27	higher	high	ADJ
faba-46	147	28	rate	rate	NOUN
faba-46	147	29	of	of	ADP
faba-46	147	30	unemployment	unemployment	NOUN
faba-46	147	31	,	,	PUNCT
faba-46	147	32	lower	low	ADJ
faba-46	147	33	incomes	income	NOUN
faba-46	147	34	and	and	CCONJ
faba-46	147	35	purchasing	purchase	VERB
faba-46	147	36	power	power	NOUN
faba-46	147	37	and	and	CCONJ
faba-46	147	38	even	even	ADV
faba-46	147	39	social	social	ADJ
faba-46	147	40	unrests	unrest	NOUN
faba-46	147	41	.	.	PUNCT
faba-46	148	1	as	as	SCONJ
faba-46	148	2	banks	bank	NOUN
faba-46	148	3	become	become	VERB
faba-46	148	4	branches	branch	NOUN
faba-46	148	5	their	their	PRON
faba-46	148	6	investment	investment	NOUN
faba-46	148	7	portfolio	portfolio	NOUN
faba-46	148	8	could	could	AUX
faba-46	148	9	shift	shift	VERB
faba-46	148	10	from	from	ADP
faba-46	148	11	securities	security	NOUN
faba-46	148	12	issued	issue	VERB
faba-46	148	13	by	by	ADP
faba-46	148	14	the	the	DET
faba-46	148	15	bulgarian	bulgarian	ADJ
faba-46	148	16	government	government	NOUN
faba-46	148	17	to	to	ADP
faba-46	148	18	these	these	PRON
faba-46	148	19	of	of	ADP
faba-46	148	20	euro	euro	PROPN
faba-46	148	21	area	area	NOUN
faba-46	148	22	countries	country	NOUN
faba-46	148	23	.	.	PUNCT
faba-46	149	1	the	the	DET
faba-46	149	2	latter	latter	ADJ
faba-46	149	3	are	be	AUX
faba-46	149	4	eligible	eligible	ADJ
faba-46	149	5	as	as	ADP
faba-46	149	6	a	a	DET
faba-46	149	7	collateral	collateral	NOUN
faba-46	149	8	for	for	ADP
faba-46	149	9	loans	loan	NOUN
faba-46	149	10	by	by	ADP
faba-46	149	11	the	the	DET
faba-46	149	12	ecb	ecb	NOUN
faba-46	149	13	while	while	SCONJ
faba-46	149	14	the	the	DET
faba-46	149	15	former	former	ADJ
faba-46	149	16	will	will	AUX
faba-46	149	17	not	not	PART
faba-46	149	18	be	be	AUX
faba-46	149	19	eligible	eligible	ADJ
faba-46	149	20	until	until	SCONJ
faba-46	149	21	bulgaria	bulgaria	PROPN
faba-46	149	22	joins	join	VERB
faba-46	149	23	the	the	DET
faba-46	149	24	emu	emu	PROPN
faba-46	149	25	.	.	PUNCT
faba-46	150	1	according	accord	VERB
faba-46	150	2	to	to	ADP
faba-46	150	3	the	the	DET
faba-46	150	4	author	author	NOUN
faba-46	150	5	’s	’s	PART
faba-46	150	6	calculations	calculation	NOUN
faba-46	150	7	based	base	VERB
faba-46	150	8	on	on	ADP
faba-46	150	9	ministry	ministry	PROPN
faba-46	150	10	of	of	ADP
faba-46	150	11	finance	finance	PROPN
faba-46	150	12	data	datum	NOUN
faba-46	150	13	banks	bank	NOUN
faba-46	150	14	on	on	ADP
faba-46	150	15	the	the	DET
faba-46	150	16	bulgarian	bulgarian	ADJ
faba-46	150	17	market	market	NOUN
faba-46	150	18	hold	hold	VERB
faba-46	150	19	at	at	ADV
faba-46	150	20	least	least	ADV
faba-46	150	21	40	40	NUM
faba-46	150	22	%	%	NOUN
faba-46	150	23	of	of	ADP
faba-46	150	24	issued	issue	VERB
faba-46	150	25	government	government	NOUN
faba-46	150	26	securities	security	NOUN
faba-46	150	27	.	.	PUNCT
faba-46	151	1	as	as	SCONJ
faba-46	151	2	the	the	DET
faba-46	151	3	largest	large	ADJ
faba-46	151	4	banks	bank	NOUN
faba-46	151	5	will	will	AUX
faba-46	151	6	be	be	AUX
faba-46	151	7	supervised	supervise	VERB
faba-46	151	8	by	by	ADP
faba-46	151	9	the	the	DET
faba-46	151	10	ecb	ecb	NOUN
faba-46	151	11	and	and	CCONJ
faba-46	151	12	eventually	eventually	ADV
faba-46	151	13	change	change	VERB
faba-46	151	14	their	their	PRON
faba-46	151	15	securities	security	NOUN
faba-46	151	16	holdings	holding	NOUN
faba-46	151	17	the	the	DET
faba-46	151	18	demand	demand	NOUN
faba-46	151	19	on	on	ADP
faba-46	151	20	the	the	DET
faba-46	151	21	local	local	ADJ
faba-46	151	22	market	market	NOUN
faba-46	151	23	for	for	ADP
faba-46	151	24	government	government	NOUN
faba-46	151	25	securities	security	NOUN
faba-46	151	26	will	will	AUX
faba-46	151	27	decrease	decrease	VERB
faba-46	151	28	.	.	PUNCT
faba-46	152	1	this	this	PRON
faba-46	152	2	might	might	AUX
faba-46	152	3	increase	increase	VERB
faba-46	152	4	the	the	DET
faba-46	152	5	funding	funding	NOUN
faba-46	152	6	costs	cost	NOUN
faba-46	152	7	for	for	ADP
faba-46	152	8	the	the	DET
faba-46	152	9	government	government	NOUN
faba-46	152	10	.	.	PUNCT
faba-46	153	1	as	as	ADP
faba-46	153	2	a	a	DET
faba-46	153	3	result	result	NOUN
faba-46	153	4	,	,	PUNCT
faba-46	153	5	a	a	DET
faba-46	153	6	crowding	crowd	VERB
faba-46	153	7	-	-	PUNCT
faba-46	153	8	out	out	ADP
faba-46	153	9	effect	effect	NOUN
faba-46	153	10	could	could	AUX
faba-46	153	11	arise	arise	VERB
faba-46	153	12	for	for	ADP
faba-46	153	13	the	the	DET
faba-46	153	14	private	private	ADJ
faba-46	153	15	investment	investment	NOUN
faba-46	153	16	.	.	PUNCT
faba-46	154	1	accession	accession	NOUN
faba-46	154	2	to	to	ADP
faba-46	154	3	the	the	DET
faba-46	154	4	banking	banking	NOUN
faba-46	154	5	union	union	NOUN
faba-46	154	6	is	be	AUX
faba-46	154	7	risky	risky	ADJ
faba-46	154	8	because	because	SCONJ
faba-46	154	9	the	the	DET
faba-46	154	10	union	union	NOUN
faba-46	154	11	itself	itself	PRON
faba-46	154	12	is	be	AUX
faba-46	154	13	far	far	ADV
faba-46	154	14	from	from	ADP
faba-46	154	15	completed	complete	VERB
faba-46	154	16	.	.	PUNCT
faba-46	155	1	a	a	DET
faba-46	155	2	common	common	ADJ
faba-46	155	3	guarantee	guarantee	NOUN
faba-46	155	4	scheme	scheme	NOUN
faba-46	155	5	for	for	ADP
faba-46	155	6	deposits	deposit	NOUN
faba-46	155	7	is	be	AUX
faba-46	155	8	necessary	necessary	ADJ
faba-46	155	9	which	which	PRON
faba-46	155	10	implies	imply	VERB
faba-46	155	11	an	an	DET
faba-46	155	12	agreement	agreement	NOUN
faba-46	155	13	for	for	ADP
faba-46	155	14	a	a	DET
faba-46	155	15	fiscal	fiscal	ADJ
faba-46	155	16	union	union	NOUN
faba-46	155	17	which	which	PRON
faba-46	155	18	will	will	AUX
faba-46	155	19	regulate	regulate	VERB
faba-46	155	20	fiscal	fiscal	ADJ
faba-46	155	21	transfers	transfer	NOUN
faba-46	155	22	on	on	ADP
faba-46	155	23	eu	eu	PROPN
faba-46	155	24	level	level	NOUN
faba-46	155	25	.	.	PUNCT
faba-46	156	1	such	such	DET
faba-46	156	2	an	an	DET
faba-46	156	3	agreement	agreement	NOUN
faba-46	156	4	still	still	ADV
faba-46	156	5	looks	look	VERB
faba-46	156	6	distant	distant	ADJ
faba-46	156	7	as	as	SCONJ
faba-46	156	8	there	there	PRON
faba-46	156	9	are	be	VERB
faba-46	156	10	many	many	ADJ
faba-46	156	11	different	different	ADJ
faba-46	156	12	opinions	opinion	NOUN
faba-46	156	13	of	of	ADP
faba-46	156	14	governments	government	NOUN
faba-46	156	15	.	.	PUNCT
faba-46	157	1	the	the	DET
faba-46	157	2	so	so	ADV
faba-46	157	3	-	-	PUNCT
faba-46	157	4	called	call	VERB
faba-46	157	5	frugal	frugal	ADJ
faba-46	157	6	countries	country	NOUN
faba-46	157	7	like	like	ADP
faba-46	157	8	austria	austria	PROPN
faba-46	157	9	,	,	PUNCT
faba-46	157	10	netherlands	netherlands	PROPN
faba-46	157	11	,	,	PUNCT
faba-46	157	12	denmark	denmark	NOUN
faba-46	157	13	,	,	PUNCT
faba-46	157	14	and	and	CCONJ
faba-46	157	15	sweden	sweden	PROPN
faba-46	157	16	do	do	AUX
faba-46	157	17	not	not	PART
faba-46	157	18	agree	agree	VERB
faba-46	157	19	with	with	ADP
faba-46	157	20	large	large	ADJ
faba-46	157	21	grants	grant	NOUN
faba-46	157	22	to	to	ADP
faba-46	157	23	not	not	PART
faba-46	157	24	so	so	ADV
faba-46	157	25	disciplined	disciplined	ADJ
faba-46	157	26	countries	country	NOUN
faba-46	157	27	and	and	CCONJ
faba-46	157	28	require	require	VERB
faba-46	157	29	implementation	implementation	NOUN
faba-46	157	30	of	of	ADP
faba-46	157	31	reforms	reform	NOUN
faba-46	157	32	as	as	ADP
faba-46	157	33	a	a	DET
faba-46	157	34	precondition	precondition	NOUN
faba-46	157	35	.	.	PUNCT
faba-46	158	1	the	the	DET
faba-46	158	2	latter	latter	ADJ
faba-46	158	3	countries	country	NOUN
faba-46	158	4	consider	consider	VERB
faba-46	158	5	these	these	DET
faba-46	158	6	requirements	requirement	NOUN
faba-46	158	7	as	as	ADP
faba-46	158	8	excessive	excessive	ADJ
faba-46	158	9	international	international	ADJ
faba-46	158	10	control	control	NOUN
faba-46	158	11	over	over	ADP
faba-46	158	12	their	their	PRON
faba-46	158	13	national	national	ADJ
faba-46	158	14	policies	policy	NOUN
faba-46	158	15	.	.	PUNCT
faba-46	159	1	still	still	ADV
faba-46	159	2	,	,	PUNCT
faba-46	159	3	there	there	PRON
faba-46	159	4	is	be	VERB
faba-46	159	5	no	no	DET
faba-46	159	6	agreement	agreement	NOUN
faba-46	159	7	between	between	ADP
faba-46	159	8	the	the	DET
faba-46	159	9	parties	party	NOUN
faba-46	159	10	.	.	PUNCT
faba-46	160	1	the	the	DET
faba-46	160	2	euro	euro	PROPN
faba-46	160	3	area	area	NOUN
faba-46	160	4	is	be	AUX
faba-46	160	5	already	already	ADV
faba-46	160	6	excessively	excessively	ADV
faba-46	160	7	indebted	indebte	VERB
faba-46	160	8	as	as	SCONJ
faba-46	160	9	the	the	DET
faba-46	160	10	government	government	NOUN
faba-46	160	11	debt	debt	NOUN
faba-46	160	12	to	to	ADP
faba-46	160	13	gross	gross	ADJ
faba-46	160	14	domestic	domestic	ADJ
faba-46	160	15	product	product	NOUN
faba-46	160	16	ratio	ratio	NOUN
faba-46	160	17	is	be	AUX
faba-46	160	18	close	close	ADJ
faba-46	160	19	to	to	PART
faba-46	160	20	100	100	NUM
faba-46	160	21	%	%	NOUN
faba-46	160	22	.	.	PUNCT
faba-46	161	1	many	many	ADJ
faba-46	161	2	european	european	ADJ
faba-46	161	3	governments	government	NOUN
faba-46	161	4	depend	depend	VERB
faba-46	161	5	on	on	ADP
faba-46	161	6	the	the	DET
faba-46	161	7	ecb	ecb	NOUN
faba-46	161	8	’s	’s	PART
faba-46	161	9	negative	negative	ADJ
faba-46	161	10	interest	interest	NOUN
faba-46	161	11	rate	rate	NOUN
faba-46	161	12	policy	policy	NOUN
faba-46	161	13	to	to	PART
faba-46	161	14	service	service	VERB
faba-46	161	15	their	their	PRON
faba-46	161	16	debts	debt	NOUN
faba-46	161	17	and	and	CCONJ
faba-46	161	18	the	the	DET
faba-46	161	19	not	not	PART
faba-46	161	20	so	so	ADV
faba-46	161	21	precise	precise	ADJ
faba-46	161	22	assessment	assessment	NOUN
faba-46	161	23	of	of	ADP
faba-46	161	24	the	the	DET
faba-46	161	25	risks	risk	NOUN
faba-46	161	26	by	by	ADP
faba-46	161	27	the	the	DET
faba-46	161	28	market	market	NOUN
faba-46	161	29	participants	participant	NOUN
faba-46	161	30	.	.	PUNCT
faba-46	162	1	the	the	DET
faba-46	162	2	lack	lack	NOUN
faba-46	162	3	of	of	ADP
faba-46	162	4	structural	structural	ADJ
faba-46	162	5	reforms	reform	NOUN
faba-46	162	6	aimed	aim	VERB
faba-46	162	7	at	at	ADP
faba-46	162	8	increasing	increase	VERB
faba-46	162	9	efficiency	efficiency	NOUN
faba-46	162	10	of	of	ADP
faba-46	162	11	the	the	DET
faba-46	162	12	public	public	ADJ
faba-46	162	13	costs	cost	NOUN
faba-46	162	14	and	and	CCONJ
faba-46	162	15	the	the	DET
faba-46	162	16	rising	rise	VERB
faba-46	162	17	government	government	NOUN
faba-46	162	18	intervention	intervention	NOUN
faba-46	162	19	on	on	ADP
faba-46	162	20	the	the	DET
faba-46	162	21	markets	market	NOUN
faba-46	162	22	do	do	AUX
faba-46	162	23	not	not	PART
faba-46	162	24	promote	promote	VERB
faba-46	162	25	faster	fast	ADJ
faba-46	162	26	economic	economic	ADJ
faba-46	162	27	development	development	NOUN
faba-46	162	28	.	.	PUNCT
faba-46	163	1	capital	capital	NOUN
faba-46	163	2	markets	market	NOUN
faba-46	163	3	union	union	PROPN
faba-46	163	4	is	be	AUX
faba-46	163	5	the	the	DET
faba-46	163	6	other	other	ADJ
faba-46	163	7	element	element	NOUN
faba-46	163	8	of	of	ADP
faba-46	163	9	the	the	DET
faba-46	163	10	euro	euro	PROPN
faba-46	163	11	area	area	NOUN
faba-46	163	12	that	that	PRON
faba-46	163	13	should	should	AUX
faba-46	163	14	be	be	AUX
faba-46	163	15	built	build	VERB
faba-46	163	16	to	to	PART
faba-46	163	17	have	have	VERB
faba-46	163	18	a	a	DET
faba-46	163	19	genuine	genuine	ADJ
faba-46	163	20	economic	economic	ADJ
faba-46	163	21	and	and	CCONJ
faba-46	163	22	monetary	monetary	ADJ
faba-46	163	23	union	union	NOUN
faba-46	163	24	.	.	PUNCT
faba-46	164	1	hence	hence	ADV
faba-46	164	2	,	,	PUNCT
faba-46	164	3	the	the	DET
faba-46	164	4	european	european	ADJ
faba-46	164	5	single	single	ADJ
faba-46	164	6	currency	currency	NOUN
faba-46	164	7	union	union	NOUN
faba-46	164	8	is	be	AUX
faba-46	164	9	still	still	ADV
faba-46	164	10	under	under	ADP
faba-46	164	11	construction	construction	NOUN
faba-46	164	12	and	and	CCONJ
faba-46	164	13	is	be	AUX
faba-46	164	14	not	not	PART
faba-46	164	15	sustainable	sustainable	ADJ
faba-46	164	16	enough	enough	ADJ
faba-46	164	17	conclusion	conclusion	NOUN
faba-46	164	18	accession	accession	NOUN
faba-46	164	19	to	to	ADP
faba-46	164	20	the	the	DET
faba-46	164	21	erm	erm	PROPN
faba-46	164	22	ii	ii	PROPN
faba-46	164	23	and	and	CCONJ
faba-46	164	24	the	the	DET
faba-46	164	25	banking	banking	NOUN
faba-46	164	26	union	union	NOUN
faba-46	164	27	is	be	AUX
faba-46	164	28	an	an	DET
faba-46	164	29	important	important	ADJ
faba-46	164	30	step	step	NOUN
faba-46	164	31	towards	towards	ADP
faba-46	164	32	adoption	adoption	NOUN
faba-46	164	33	of	of	ADP
faba-46	164	34	the	the	DET
faba-46	164	35	euro	euro	NOUN
faba-46	164	36	as	as	ADP
faba-46	164	37	a	a	DET
faba-46	164	38	legal	legal	ADJ
faba-46	164	39	tender	tender	NOUN
faba-46	164	40	in	in	ADP
faba-46	164	41	bulgaria	bulgaria	PROPN
faba-46	164	42	.	.	PUNCT
faba-46	165	1	however	however	ADV
faba-46	165	2	,	,	PUNCT
faba-46	165	3	the	the	DET
faba-46	165	4	assessment	assessment	NOUN
faba-46	165	5	of	of	ADP
faba-46	165	6	the	the	DET
faba-46	165	7	period	period	NOUN
faba-46	165	8	at	at	ADP
faba-46	165	9	the	the	DET
faba-46	165	10	erm	erm	PROPN
faba-46	165	11	ii	ii	PROPN
faba-46	165	12	showed	show	VERB
faba-46	165	13	that	that	SCONJ
faba-46	165	14	there	there	PRON
faba-46	165	15	are	be	VERB
faba-46	165	16	many	many	ADJ
faba-46	165	17	issues	issue	NOUN
faba-46	165	18	that	that	PRON
faba-46	165	19	should	should	AUX
faba-46	165	20	be	be	AUX
faba-46	165	21	addressed	address	VERB
faba-46	165	22	but	but	CCONJ
faba-46	165	23	they	they	PRON
faba-46	165	24	are	be	AUX
faba-46	165	25	not	not	PART
faba-46	165	26	even	even	ADV
faba-46	165	27	discussed	discuss	VERB
faba-46	165	28	.	.	PUNCT
faba-46	166	1	for	for	ADP
faba-46	166	2	example	example	NOUN
faba-46	166	3	,	,	PUNCT
faba-46	166	4	an	an	DET
faba-46	166	5	accord	accord	NOUN
faba-46	166	6	between	between	ADP
faba-46	166	7	the	the	DET
faba-46	166	8	bulgarian	bulgarian	ADJ
faba-46	166	9	authorities	authority	NOUN
faba-46	166	10	and	and	CCONJ
faba-46	166	11	the	the	DET
faba-46	166	12	foreign	foreign	ADJ
faba-46	166	13	owned	own	VERB
faba-46	166	14	banks	bank	NOUN
faba-46	166	15	could	could	AUX
faba-46	166	16	be	be	AUX
faba-46	166	17	made	make	VERB
faba-46	166	18	to	to	ADP
faba-46	166	19	preventing	prevent	VERB
faba-46	166	20	them	they	PRON
faba-46	166	21	to	to	PART
faba-46	166	22	withdraw	withdraw	VERB
faba-46	166	23	their	their	PRON
faba-46	166	24	capital	capital	NOUN
faba-46	166	25	from	from	ADP
faba-46	166	26	the	the	DET
faba-46	166	27	banking	banking	NOUN
faba-46	166	28	system	system	NOUN
faba-46	166	29	in	in	ADP
faba-46	166	30	the	the	DET
faba-46	166	31	country	country	NOUN
faba-46	166	32	until	until	SCONJ
faba-46	166	33	it	it	PRON
faba-46	166	34	joins	join	VERB
faba-46	166	35	the	the	DET
faba-46	166	36	euro	euro	PROPN
faba-46	166	37	area	area	NOUN
faba-46	166	38	.	.	PUNCT
faba-46	167	1	this	this	DET
faba-46	167	2	article	article	NOUN
faba-46	167	3	describes	describe	VERB
faba-46	167	4	some	some	PRON
faba-46	167	5	of	of	ADP
faba-46	167	6	the	the	DET
faba-46	167	7	effects	effect	NOUN
faba-46	167	8	,	,	PUNCT
faba-46	167	9	but	but	CCONJ
faba-46	167	10	a	a	DET
faba-46	167	11	complete	complete	ADJ
faba-46	167	12	impact	impact	NOUN
faba-46	167	13	analysis	analysis	NOUN
faba-46	167	14	is	be	AUX
faba-46	167	15	necessary	necessary	ADJ
faba-46	167	16	to	to	PART
faba-46	167	17	compare	compare	VERB
faba-46	167	18	benefits	benefit	NOUN
faba-46	167	19	to	to	ADP
faba-46	167	20	costs	cost	NOUN
faba-46	167	21	and	and	CCONJ
faba-46	167	22	risks	risk	NOUN
faba-46	167	23	and	and	CCONJ
faba-46	167	24	to	to	PART
faba-46	167	25	generate	generate	VERB
faba-46	167	26	measures	measure	NOUN
faba-46	167	27	to	to	PART
faba-46	167	28	mitigate	mitigate	VERB
faba-46	167	29	these	these	DET
faba-46	167	30	risks	risk	NOUN
faba-46	167	31	.	.	PUNCT
faba-46	168	1	underestimating	underestimate	VERB
faba-46	168	2	risks	risk	NOUN
faba-46	168	3	or	or	CCONJ
faba-46	168	4	even	even	ADV
faba-46	168	5	neglecting	neglect	VERB
faba-46	168	6	them	they	PRON
faba-46	168	7	is	be	AUX
faba-46	168	8	not	not	PART
faba-46	168	9	a	a	DET
faba-46	168	10	responsible	responsible	ADJ
faba-46	168	11	reaction	reaction	NOUN
faba-46	168	12	by	by	ADP
faba-46	168	13	the	the	DET
faba-46	168	14	authorities	authority	NOUN
faba-46	168	15	and	and	CCONJ
faba-46	168	16	they	they	PRON
faba-46	168	17	should	should	AUX
faba-46	168	18	prepare	prepare	VERB
faba-46	168	19	such	such	ADJ
faba-46	168	20	analysis	analysis	NOUN
faba-46	168	21	as	as	ADV
faba-46	168	22	quickly	quickly	ADV
faba-46	168	23	as	as	ADP
faba-46	168	24	possible	possible	ADJ
faba-46	168	25	.	.	PUNCT
faba-46	169	1	it	it	PRON
faba-46	169	2	is	be	AUX
faba-46	169	3	possible	possible	ADJ
faba-46	169	4	that	that	SCONJ
faba-46	169	5	costs	cost	NOUN
faba-46	169	6	and	and	CCONJ
faba-46	169	7	risks	risk	NOUN
faba-46	169	8	outweigh	outweigh	VERB
faba-46	169	9	benefits	benefit	NOUN
faba-46	169	10	.	.	PUNCT
faba-46	170	1	because	because	SCONJ
faba-46	170	2	of	of	ADP
faba-46	170	3	the	the	DET
faba-46	170	4	current	current	ADJ
faba-46	170	5	level	level	NOUN
faba-46	170	6	of	of	ADP
faba-46	170	7	convergence	convergence	NOUN
faba-46	170	8	,	,	PUNCT
faba-46	170	9	the	the	DET
faba-46	170	10	price	price	NOUN
faba-46	170	11	level	level	NOUN
faba-46	170	12	,	,	PUNCT
faba-46	170	13	and	and	CCONJ
faba-46	170	14	the	the	DET
faba-46	170	15	real	real	ADJ
faba-46	170	16	income	income	NOUN
faba-46	170	17	per	per	ADP
faba-46	170	18	capita	capita	X
faba-46	170	19	are	be	AUX
faba-46	170	20	about	about	ADV
faba-46	170	21	53	53	NUM
faba-46	170	22	%	%	NOUN
faba-46	170	23	of	of	ADP
faba-46	170	24	the	the	DET
faba-46	170	25	eu	eu	PROPN
faba-46	170	26	average	average	PROPN
faba-46	170	27	bulgaria	bulgaria	PROPN
faba-46	170	28	is	be	AUX
faba-46	170	29	not	not	PART
faba-46	170	30	ready	ready	ADJ
faba-46	170	31	for	for	ADP
faba-46	170	32	a	a	DET
faba-46	170	33	short	short	ADJ
faba-46	170	34	period	period	NOUN
faba-46	170	35	at	at	ADP
faba-46	170	36	the	the	DET
faba-46	170	37	erm	erm	PROPN
faba-46	170	38	ii	ii	PROPN
faba-46	170	39	.	.	PUNCT
faba-46	171	1	the	the	DET
faba-46	171	2	price	price	NOUN
faba-46	171	3	stability	stability	NOUN
faba-46	171	4	criterion	criterion	NOUN
faba-46	171	5	is	be	AUX
faba-46	171	6	a	a	DET
faba-46	171	7	challenge	challenge	NOUN
faba-46	171	8	.	.	PUNCT
faba-46	172	1	due	due	ADP
faba-46	172	2	to	to	ADP
faba-46	172	3	the	the	DET
faba-46	172	4	covid-19	covid-19	PROPN
faba-46	172	5	crisis	crisis	NOUN
faba-46	172	6	meeting	meet	VERB
faba-46	172	7	the	the	DET
faba-46	172	8	budget	budget	NOUN
faba-46	172	9	deficit	deficit	NOUN
faba-46	172	10	and	and	CCONJ
faba-46	172	11	stability	stability	NOUN
faba-46	172	12	of	of	ADP
faba-46	172	13	interest	interest	NOUN
faba-46	172	14	rates	rate	NOUN
faba-46	172	15	criteria	criterion	NOUN
faba-46	172	16	could	could	AUX
faba-46	172	17	be	be	AUX
faba-46	172	18	a	a	DET
faba-46	172	19	challenge	challenge	NOUN
faba-46	172	20	as	as	ADV
faba-46	172	21	well	well	ADV
faba-46	172	22	.	.	PUNCT
faba-46	173	1	references	reference	NOUN
faba-46	173	2	backe	backe	PROPN
faba-46	173	3	,	,	PUNCT
faba-46	173	4	peter	peter	PROPN
faba-46	173	5	,	,	PUNCT
faba-46	173	6	thiman	thiman	PROPN
faba-46	173	7	,	,	PUNCT
faba-46	173	8	christian	christian	ADJ
faba-46	173	9	,	,	PUNCT
faba-46	173	10	arratibel	arratibel	NOUN
faba-46	173	11	,	,	PUNCT
faba-46	173	12	olga	olga	PROPN
faba-46	173	13	,	,	PUNCT
faba-46	173	14	calvo	calvo	PROPN
faba-46	173	15	-	-	PUNCT
faba-46	173	16	gonzalez	gonzalez	PROPN
faba-46	173	17	,	,	PUNCT
faba-46	173	18	oscar	oscar	PROPN
faba-46	173	19	,	,	PUNCT
faba-46	173	20	mehl	mehl	PROPN
faba-46	173	21	,	,	PUNCT
faba-46	173	22	arnaud	arnaud	PROPN
faba-46	173	23	,	,	PUNCT
faba-46	173	24	nerlich	nerlich	PROPN
faba-46	173	25	,	,	PUNCT
faba-46	173	26	carolin	carolin	PROPN
faba-46	173	27	,	,	PUNCT
faba-46	173	28	2004	2004	NUM
faba-46	173	29	,	,	PUNCT
faba-46	173	30	the	the	DET
faba-46	173	31	acceding	accede	VERB
faba-46	173	32	countries	country	NOUN
faba-46	173	33	’	'	PUNCT
faba-46	173	34	strategies	strategy	NOUN
faba-46	173	35	towards	towards	ADP
faba-46	173	36	erm	erm	PROPN
faba-46	173	37	ii	ii	PROPN
faba-46	173	38	and	and	CCONJ
faba-46	173	39	the	the	DET
faba-46	173	40	adoption	adoption	NOUN
faba-46	173	41	of	of	ADP
faba-46	173	42	the	the	DET
faba-46	173	43	euro	euro	NOUN
faba-46	173	44	:	:	PUNCT
faba-46	173	45	an	an	DET
faba-46	173	46	analytical	analytical	ADJ
faba-46	173	47	review	review	NOUN
faba-46	173	48	,	,	PUNCT
faba-46	173	49	european	european	PROPN
faba-46	173	50	central	central	PROPN
faba-46	173	51	bank	bank	PROPN
faba-46	173	52	occasional	occasional	ADJ
faba-46	173	53	paper	paper	NOUN
faba-46	173	54	series	series	NOUN
faba-46	173	55	no	no	NOUN
faba-46	173	56	.	.	PROPN
faba-46	174	1	10	10	NUM
faba-46	174	2	/	/	SYM
faba-46	174	3	february	february	PROPN
faba-46	174	4	2004	2004	NUM
faba-46	174	5	bayoumi	bayoumi	NOUN
faba-46	174	6	,	,	PUNCT
faba-46	174	7	tamim,1992	tamim,1992	ADP
faba-46	174	8	,	,	PUNCT
faba-46	174	9	the	the	DET
faba-46	174	10	effect	effect	NOUN
faba-46	174	11	of	of	ADP
faba-46	174	12	the	the	DET
faba-46	174	13	erm	erm	NOUN
faba-46	174	14	on	on	ADP
faba-46	174	15	participating	participate	VERB
faba-46	174	16	economies	economy	NOUN
faba-46	174	17	,	,	PUNCT
faba-46	174	18	imf	imf	PROPN
faba-46	174	19	staff	staff	NOUN
faba-46	174	20	papers	paper	NOUN
faba-46	174	21	vol	vol	NOUN
faba-46	174	22	.	.	PROPN
faba-46	174	23	39	39	NUM
faba-46	174	24	,	,	PUNCT
faba-46	174	25	no	no	INTJ
faba-46	174	26	.	.	NOUN
faba-46	174	27	2	2	NUM
faba-46	174	28	,	,	PUNCT
faba-46	174	29	june	june	PROPN
faba-46	174	30	1992	1992	NUM
faba-46	174	31	beck	beck	PROPN
faba-46	174	32	,	,	PUNCT
faba-46	174	33	thorsten	thorsten	PROPN
faba-46	174	34	,	,	PUNCT
faba-46	174	35	(	(	PUNCT
faba-46	174	36	editor	editor	NOUN
faba-46	174	37	)	)	PUNCT
faba-46	174	38	,	,	PUNCT
faba-46	174	39	2012	2012	NUM
faba-46	174	40	,	,	PUNCT
faba-46	174	41	banking	banking	NOUN
faba-46	174	42	union	union	NOUN
faba-46	174	43	for	for	ADP
faba-46	174	44	europe	europe	PROPN
faba-46	174	45	:	:	PUNCT
faba-46	174	46	risks	risk	NOUN
faba-46	174	47	and	and	CCONJ
faba-46	174	48	challenges	challenge	NOUN
faba-46	174	49	,	,	PUNCT
faba-46	174	50	voxeu	voxeu	NOUN
faba-46	174	51	e	e	NOUN
faba-46	174	52	-	-	NOUN
faba-46	174	53	book	book	NOUN
faba-46	174	54	,	,	PUNCT
faba-46	174	55	center	center	NOUN
faba-46	174	56	for	for	ADP
faba-46	174	57	european	european	ADJ
faba-46	174	58	policy	policy	NOUN
faba-46	174	59	research	research	NOUN
faba-46	174	60	,	,	PUNCT
faba-46	174	61	october	october	PROPN
faba-46	174	62	2012	2012	NUM
faba-46	174	63	czech	czech	PROPN
faba-46	174	64	national	national	PROPN
faba-46	174	65	bank	bank	PROPN
faba-46	174	66	,	,	PUNCT
faba-46	174	67	2003	2003	NUM
faba-46	174	68	,	,	PUNCT
faba-46	174	69	the	the	DET
faba-46	174	70	czech	czech	PROPN
faba-46	174	71	republic	republic	NOUN
faba-46	174	72	’s	’s	PART
faba-46	174	73	euro	euro	PROPN
faba-46	174	74	area	area	NOUN
faba-46	174	75	accession	accession	NOUN
faba-46	174	76	strategy	strategy	NOUN
faba-46	174	77	,	,	PUNCT
faba-46	174	78	joint	joint	ADJ
faba-46	174	79	document	document	NOUN
faba-46	174	80	of	of	ADP
faba-46	174	81	the	the	DET
faba-46	174	82	czech	czech	ADJ
faba-46	174	83	government	government	NOUN
faba-46	174	84	and	and	CCONJ
faba-46	174	85	the	the	DET
faba-46	174	86	czech	czech	PROPN
faba-46	174	87	national	national	PROPN
faba-46	174	88	bank	bank	PROPN
faba-46	174	89	,	,	PUNCT
faba-46	174	90	october	october	PROPN
faba-46	174	91	2003	2003	NUM
faba-46	174	92	elliot	elliot	PROPN
faba-46	174	93	,	,	PUNCT
faba-46	174	94	douglas	douglas	PROPN
faba-46	174	95	,	,	PUNCT
faba-46	174	96	2012	2012	NUM
faba-46	174	97	,	,	PUNCT
faba-46	174	98	key	key	ADJ
faba-46	174	99	issues	issue	NOUN
faba-46	174	100	on	on	ADP
faba-46	174	101	european	european	ADJ
faba-46	174	102	banking	banking	PROPN
faba-46	174	103	union	union	PROPN
faba-46	174	104	.	.	PUNCT
faba-46	175	1	trade	trade	NOUN
faba-46	175	2	-	-	PUNCT
faba-46	175	3	offs	off	NOUN
faba-46	175	4	and	and	CCONJ
faba-46	175	5	some	some	DET
faba-46	175	6	recommendations	recommendation	NOUN
faba-46	175	7	,	,	PUNCT
faba-46	175	8	global	global	ADJ
faba-46	175	9	economy	economy	NOUN
faba-46	175	10	&	&	CCONJ
faba-46	175	11	development	development	PROPN
faba-46	175	12	working	working	PROPN
faba-46	175	13	paper	paper	PROPN
faba-46	175	14	52	52	NUM
faba-46	175	15	,	,	PUNCT
faba-46	175	16	november	november	PROPN
faba-46	175	17	2012	2012	NUM
faba-46	175	18	dimitar	dimitar	PROPN
faba-46	175	19	chobanov	chobanov	PROPN
faba-46	175	20	/	/	SYM
faba-46	175	21	finance	finance	NOUN
faba-46	175	22	,	,	PUNCT
faba-46	175	23	accounting	accounting	NOUN
faba-46	175	24	and	and	CCONJ
faba-46	175	25	business	business	NOUN
faba-46	175	26	analysis	analysis	NOUN
faba-46	175	27	2	2	NUM
faba-46	175	28	(	(	PUNCT
faba-46	175	29	2	2	NUM
faba-46	175	30	)	)	PUNCT
faba-46	175	31	2020	2020	NUM
faba-46	175	32	132	132	NUM
faba-46	175	33	fitch	fitch	NOUN
faba-46	175	34	ratings	rating	NOUN
faba-46	175	35	,	,	PUNCT
faba-46	175	36	2020	2020	NUM
faba-46	175	37	,	,	PUNCT
faba-46	175	38	fitch	fitch	PROPN
faba-46	175	39	revises	revise	VERB
faba-46	175	40	bulgaria	bulgaria	PROPN
faba-46	175	41	’s	’s	PART
faba-46	175	42	outlook	outlook	NOUN
faba-46	175	43	to	to	AUX
faba-46	175	44	stable	stable	ADJ
faba-46	175	45	;	;	PUNCT
faba-46	175	46	affirms	affirm	VERB
faba-46	175	47	at	at	ADP
faba-46	175	48	“	"	PUNCT
faba-46	175	49	bbb	bbb	PROPN
faba-46	175	50	”	"	PUNCT
faba-46	175	51	,	,	PUNCT
faba-46	175	52	april	april	PROPN
faba-46	175	53	2020	2020	NUM
faba-46	175	54	,	,	PUNCT
faba-46	175	55	available	available	ADJ
faba-46	175	56	at	at	ADP
faba-46	175	57	:	:	PUNCT
faba-46	175	58	https://www.fitchratings.com/research/sovereigns/fitch-revises-bulgaria-outlook-to-stableaffirms-at-bbb-24-04-2020	https://www.fitchratings.com/research/sovereigns/fitch-revises-bulgaria-outlook-to-stableaffirms-at-bbb-24-04-2020	PROPN
faba-46	175	59	hristozov	hristozov	PROPN
faba-46	175	60	,	,	PUNCT
faba-46	175	61	yanko	yanko	NOUN
faba-46	175	62	,	,	PUNCT
faba-46	175	63	2019	2019	NUM
faba-46	175	64	,	,	PUNCT
faba-46	175	65	does	do	VERB
faba-46	175	66	the	the	DET
faba-46	175	67	introduction	introduction	NOUN
faba-46	175	68	of	of	ADP
faba-46	175	69	the	the	DET
faba-46	175	70	euro	euro	NOUN
faba-46	175	71	lead	lead	NOUN
faba-46	175	72	to	to	ADP
faba-46	175	73	high	high	ADJ
faba-46	175	74	inflation	inflation	NOUN
faba-46	175	75	?	?	PUNCT
faba-46	176	1	myth	myth	NOUN
faba-46	176	2	or	or	CCONJ
faba-46	176	3	fact	fact	NOUN
faba-46	176	4	?	?	PUNCT
faba-46	177	1	economic	economic	ADJ
faba-46	177	2	archive	archive	NOUN
faba-46	177	3	,	,	PUNCT
faba-46	177	4	issue	issue	NOUN
faba-46	177	5	1	1	NUM
faba-46	177	6	,	,	PUNCT
faba-46	177	7	year	year	NOUN
faba-46	177	8	2019	2019	NUM
faba-46	177	9	,	,	PUNCT
faba-46	177	10	3	3	NUM
faba-46	177	11	-	-	SYM
faba-46	177	12	18	18	NUM
faba-46	177	13	.	.	PUNCT
faba-46	178	1	millar	millar	PROPN
faba-46	178	2	,	,	PUNCT
faba-46	178	3	anita	anita	PROPN
faba-46	178	4	,	,	PUNCT
faba-46	178	5	2012	2012	NUM
faba-46	178	6	,	,	PUNCT
faba-46	178	7	eu	eu	PROPN
faba-46	178	8	banking	banking	NOUN
faba-46	178	9	union	union	NOUN
faba-46	178	10	–	–	PUNCT
faba-46	178	11	operational	operational	ADJ
faba-46	178	12	issues	issue	NOUN
faba-46	178	13	and	and	CCONJ
faba-46	178	14	design	design	NOUN
faba-46	178	15	considerations	consideration	NOUN
faba-46	178	16	,	,	PUNCT
faba-46	178	17	report	report	NOUN
faba-46	178	18	prepared	prepare	VERB
faba-46	178	19	for	for	ADP
faba-46	178	20	the	the	DET
faba-46	178	21	international	international	ADJ
faba-46	178	22	regulatory	regulatory	ADJ
faba-46	178	23	strategy	strategy	NOUN
faba-46	178	24	group	group	NOUN
faba-46	178	25	,	,	PUNCT
faba-46	178	26	london	london	PROPN
faba-46	178	27	,	,	PUNCT
faba-46	178	28	october	october	PROPN
faba-46	178	29	2012	2012	NUM
faba-46	178	30	the	the	DET
faba-46	178	31	law	law	NOUN
faba-46	178	32	on	on	ADP
faba-46	178	33	bulgarian	bulgarian	PROPN
faba-46	178	34	national	national	PROPN
faba-46	178	35	bank	bank	PROPN