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.
Velichie party enters the 51 st National Assembly with 10 seats, the Central Election Commission (CEC) has decided following the ruling by the Constitutional Court which alters the results of the election for National Assembly held on 27 October,..
Political parties have commented on the Constitutional Court's decision to declare the results of the October 27 elections illegal. The court ruled that the Velichie party had passed the 4% threshold and would enter Parliament, and that the election of 16..
The Bulgarian National Assembly is holding an extraordinary meeting at which MPs are hearing the senior management of the Central Election Commission and the Information Service company regarding their actions in the Constitutional Court case..
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