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.
The former finance minister from GERB, Vladislav Goranov, told the Bulgarian National Radio that there are signals indicating that a government could be formed. ''We should make every effort to form a regular cabinet - not only because of the state of..
Romanian parties form coalition to defend the country's European path Romanian President Klaus Iohannis convened the country's new parliament on December 20. The parliamentary elections, which were held on December 1,..
''The talks with a parliamentary group which had stated categorically in advance that it would not participate in the process of forming a government and calls for immediate new elections are pointless'', President Rumen Radev said with regard to his..
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