With the votes of 155 MPs in the 240-seat parliament, Dimitar Radev was elected governor of the Bulgarian National Bank for the next 6 years. He was nominated for a second term by GERB-SDS and supported by PP-DB.
During his nomination, Radev defined the accession of Bulgaria to the Eurozone in January 2025 as an ambitious but achievable goal. After taking the oath, the governor of the BNB said that he would nominate as deputy governors Andrey Gyurov /PP-DB/ and Petar Chobanov /MRF, Minister of Finance in the period 2013-2014/.
"One of the most important conditions I set when I accepted to be nominated for governor was that the leadership of the BNB should be elected with broad political support. This is a strong factor for the central bank's independence, including from attempts at unregulated political interference," Radev said.
Dimitar Radev was elected governor of the BNB on July 15, 2015. An attempt to elect a new governor in 2022 failed.
Swiss commodity trader Gunvor said it has withdrawn its proposal to buy Lukoil’s foreign assets, including the refinery in Burgas, after the U.S. Treasury called it Russia’s ‘puppet’, Reuters reported. Prime Minister: Bulgaria has a..
Bulgaria’s Premier Rosen Zhelyazkov and Ukrainie’s President Volodymyr Zelenskyy discussed energy security in the region and opportunities to strengthen cooperation in this area. The two held a phone conversation on November 6. They also discussed..
Six migrants died after the car transporting them overturned on the shore of Lake Vaya near Burgas. Before the accident, the traffickers’ car had been chased by border police between the towns of Kiten and Burgas. The driver of the car — a Romanian..
Birth rate in Bulgaria has decreased by 33% over the past three decades. In 1994, 79,442 live births were registered in the country, while in 2024 the..
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the..
With 111 votes for, 51 against and 43 abstained, the National Assembly approved the establishment of an ad-hoc committee to investigate the activities..
Mostly Cloudy
Rain
Overcast, rain
Cloudy
Cloudy