Parliament did not approve Lubomir Karimanski as Governor of the Bulgarian National Bank (BNB). He was the only candidate, proposed by the There is Such a People party – one of the four parties in the ruling coalition.
58 MPs voted in favour, 36 against and 84 abstained. Karimanski was supported only by the There is Such a People party, the opposition party Movement for Rights and Freedoms and one vote from GERB.
Prime Minister Kiril Petkov commented that it was not reasonable to hold a vote if there was no consensus around one person.
The chairman of the budget committee in parliament, Karimansky, said after the vote that he had learned a wise lesson "because it is not the control of money in Bulgaria, but knowledge that is an irreplaceable value". "There is something in common in banking and politics - in both credibility is a very valuable asset. Was it worth spending so much trust so lightly?” the rejected candidate asked the MPs.
Bulgaria’s coalition parties have agreed to introduce a rotating chairmanship of the National Assembly. At today’s joint governance council meeting, members also discussed next year’s draft budget. Kostadin Angelov, Deputy Chairman of..
Google has donated an additional $1 million to the Institute for Artificial Intelligence and Computer Technologies (INSAIT) at Sofia University , bringing its total investment in the institute to over $6 million. According to the institute’s website,..
The Bulgarian government and the German defence group Rheinmetall have signed an agreement in Sofia to build a gunpowder and 155 mm artillery shell factory at the state-owned Vazov Machine Building Works (VMZ) in Sopot. The deal was signed by..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
On Tuesday , the lowest temperatures will be between 3 and 8°C; in Sofia – about 4°C. During the day before noon cloudiness will be..
Partly Cloudy