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.
Nearly five months after the last early parliamentary elections in Bulgaria, the 51st National Assembly has "grown" by one party and is now formed by nine political formations. The Constitutional Court declared the election of 16 MPs illegal , and..
Georgi Kuzmov, who was removed from his position as mayor of the Sofia district of Oborishte, is returning to his post after winning the new elections with nearly 70% of the votes. At the end of last year, the Supreme Administrative Court..
Velichie party enters the 51 st National Assembly with 10 seats, the Central Election Commission (CEC) has decided following the ruling by the Constitutional Court which alters the results of the election for National Assembly held on 27 October,..
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