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.
An online currency converter is now available on the official website for the introduction of the euro in Bulgaria: evroto.bg. Following the official announcement of the exchange rate of 1.95583 leva to one euro, the calculator has been made easily..
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost defence spending . This will enable the countries to take on additional debt for defence purposes...
The European Commission (EC) has published its sixth annual Rule of Law Report , which covers the 27 EU member states and four candidate countries. The report notes legislative progress in Bulgaria during the Zhelyazkov cabinet's term, the..
With 531 votes in favour, 69 against and 79 abstentions, the European Parliament approved Bulgaria's accession to the eurozone on 1 January 2026...
The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone...
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost..
+359 2 9336 661