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.
Greece temporarily closes route for migrants from North Africa Greece is suspending for 3 months asylum applications from migrants arriving in Greece from North Africa by boat, EuroNews-Greece reported. "The route to..
The deadline for the start of the implementation of the new European Media Freedom Act (FEMA) is fast approaching - August this year. "Some Member States are already quite far in implementing the European Media Freedom Act because some of..
It’s official—Bulgaria is now the 21st country in the eurozone. From 1 January 2026, the euro will become the legal tender, although levs will still be accepted for another month. Bulgaria becomes the 21st member of the Eurozone “I think..
Greece temporarily closes route for migrants from North Africa Greece is suspending for 3 months asylum applications from..
Partly Cloudy
Clear