No candidacy for governor of the Bulgarian National Bank - BNB had been submitted to parliament by March 8, which was the deadline. The election of a central bank governor has been postponed once again and a new procedure is to be launched. Parliamentary parties had 20 days to nominate candidates, but no proposals were filed. The ruling coalition have not reached a consensus on a common candidate and negotiations continue.
The 6-year term of the current Governor of the BNB, Dimitar Radev, expired in July 2021. The terms in office of two of the Deputy Governors of the bank- Nina Stoyanova and Kalin Hristov, have also expired.
BNB expects inflation to continue accelerating until the end of the first half of the year, according to the Central Bank's economic review. This is likely to lead to tightening of monetary policy worldwide, the bank added.
At the end of last week, we witnessed the third consecutive failed vote of no confidence against the government of Prime Minister Rosen Zhelyazkov. This time, the motion was initiated by Vazrazhdane (Revival), the third largest parliamentary political..
The draft report on the progress of North Macedonia on its path to European integration has been a hot Balkan topic in recent weeks, after rapporteur Thomas Weitz included in the document concepts such as "Macedonian identity" and..
The European Commission has given a positive assessment of Bulgaria’s amended Recovery and Resilience Plan (RRP). According to BNR correspondent in Brussels Angelina Piskova, the document includes a special chapter dedicated to attaining independence..
At the end of last week, we witnessed the third consecutive failed vote of no confidence against the government of Prime Minister Rosen Zhelyazkov. This..
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