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 Central Election Commission has announced the distribution of seats for Bulgarian parties and coalitions which ran in the European Parliament elections on June 9. Bulgaria will have 17 MEPs. GERB-SDS won 5 seats, the Movement for Rights and..
Bulgaria's political crisis led to a surprise in the early parliamentary election - the sixth in less than three years. From a six-party parliament, the National Assembly has gained one more political force - the hitherto unknown Velichie party, which..
At a briefing following the announcement of the final results of the national and European Parliament elections, BSP leader Korneliya Ninova announced her resignation . The Bulgarian Socialist Party won 7% of the vote in both elections, a result that..
In the previous caretaker government, the caretaker prime minister Dimitar Glavchev combined the functions of prime minister and foreign minister at the..
Some of the political parties represented in parliament have expressed reservations about Dimitar Glavchev's proposed new cabinet. Against the backdrop of..
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