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.
At a Sofia City Council (SCC) briefing, municipal officials who recently left the We Continue the Change (PP) party declared they would not be complicit in covering up the truth. The mayors of the capital’s Lyulin and Mladost districts, Georgi..
The leader of Vazrazhdane party, Kostadin Kostadinov, said in parliament that the state budget was in the red and the expected profits from the Schengen membership were gone. According to Kostadinov, the additional revenues should..
Taking responsibility is a step towards restoring trust in the coalition. This is how PP-DB MP Ivaylo Mirchev commented on Kiril Petkov's resignation and defined it as a reasonable and responsible act, BGNES reported. At the..
Another protest against the adoption of the euro took place in Sofia and other cities in Bulgaria on June 28. The protest in the capital Sofia..
Partly Cloudy
Mostly Cloudy
Clear
Partly cloudy, chance of rain