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.
Last week, Bulgaria’s 51st National Assembly all but ground to a halt. On each of the three regular sitting days — Wednesday, Thursday, and Friday — parliament failed to reach the required quorum of 121 out of 220 deputies. On Friday, for instance, only..
Romania continues policy of gradual budget deficit reduction Romania should end the year with a budget deficit amounting to 8.4%, as compared to 9.4% at the end of 2024, as negotiated with the EU, PM Ilije Bolojan has announced. During his visit..
GERB-SDS party maintain their dominance in new parliamentary elections with 26.4%, show the results of a survey by the sociological agency "Trend". The poll was conducted on behalf of 24 Chasa daily through a direct standardized "face-to-face" interview..
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