Bulgarian National Bank Governor Dimitar Radev has predicted consolidation and mergers of banks in Bulgaria, in line with analogous developments in Europe. Interest has been declared from strategic investors, which was not seen in the past years. The BNB governor has commented that Bulgaria’s banking system is stable, trust in banks has been recovering, and that the country ranks third as per the smallest debt as part of GDP after Estonia and Luxembourg. He however has noted that it is still early to talk about accession to the Euro Zone.
President Rumen Radev has issued decrees appointing ambassadors to Slovakia, Serbia and Tunisia. Snezhana Ivanova Yoveva-Dimitrova has been appointed ambassador to Slovakia, Angel Aleksandrov Angelov to Serbia, and Boryana Ivanova Simeonova to..
The Prime Minister of North Macedonia and leader of the ruling party VMRO-DPMNE, Hristijan Mickoski, has once again accus еd Sofia of failing to respect the rights of the “Macedonian minority” in Bulgaria. At the opening of the VMRO–DPMNE Albania..
“The time for a referendum on the euro has irreversibly passed”, said Vice President Iliana Iotova, BGNES reported. “I see no grounds for President Rumen Radev to submit once again to Parliament his proposal for a referendum on the euro. The..
Bulgaria will not have to bail out eurozone countries that are experiencing difficulties. This is what Lilyana Pavlova, former vice..
I have spoken many times with Minister of Foreign Affairs of North Macedonia Timčo Mucunski. He knows our position very well. His role..
Bulgaria welcomes the consistent efforts of the US and President Donald Trump to establish a just and lasting peace in Ukraine, the..
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