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Bulgarian National Bank warns of risks for Bulgarian banks

A sharp increase in the prices of fuels and raw materials and possible disruptions in their regular supply can affect economic activity, affect the ability of borrowers to service their loans and subsequently lead to an increase in bad loans and asset..

03.08.22 14:44 |

BNB lowers Bulgaria's GDP growth forecast for 2023

The Bulgarian National Bank (BNB) said that it expects Bulgaria’s economy to expand by 1.9% in 2022, revising downwards its March growth forecast of 2.1%. The slower GDP growth will be determined by the negative contribution of net..

14.07.22 12:28 |

Foreign investments in Bulgaria since 2010 are over 51 billion euro

The Netherlands remains the largest foreign investor in Bulgaria with €7.7 billion or 15.1% of all inflows, according to the Bulgarian National Bank. Austria follows with €4.95 billion or 9.7%. Germany is third with €3.78 billion.  With a total inflow..

04.07.22 13:58 |
President Rumen Radev (L), Iliya Lingorski (C) and BNB governor Dimitar Radev

Iliya Lingorski takes office as member of the governing council of the Bulgarian National Bank

At a ceremony, attended by President Rumen Radev and the governor of the Bulgarian National Bank (BNB), Iliya Lingorski took office as member of the governing council of the Bulgarian National Bank. Lingorski is from the presidential quota, and is..

18.06.22 17:31 |
BNB Governor Dimitar Radev.

BNB: Political processes determine whether we will introduce the euro in 2024

Bulgarian National Bank (BNB) Governor Dimitar Radev warned that the dynamics of the political processes in Bulgaria will determine whether Bulgaria will join the euro zone in January 2024. The adoption of 100 legislative texts is needed, including..

09.06.22 17:39 |

142 years Bulgarian Lev

The Bulgarian National Bank (BNB) celebrated 142 years since the creation of the Bulgarian lev with an Open Day. Visitors had the opportunity to visit the Governing Council Hall, where some of the most important decisions in the..

06.06.22 16:02 |

BNB has opened its doors to visitors

A day of open doors has been held at the Bulgarian National Bank. In addition to getting acquainted with the history of the institution and seeing its various collections, visitors had the opportunity to receive a souvenir banknote..

04.06.22 16:58 |
Finance Minister Assen Vassilev at a press briefing, 27 May 2022

Bulgarian government adopts plan for introduction of the euro

The Bulgarian government has adopted a plan for the introduction of the euro in Bulgaria . At a briefing at the Council of Ministers, Deputy Prime Minister and Minister of Finance Asсen Vassilev explained that this is an operational plan that gives..

27.05.22 18:06 |
Assen Vassilev

The ruling coalition will announce a package of anti-crisis measures within 2 weeks

The ruling coalition will announce a package of anti-crisis measures within 2 weeks , Bulgaria’s Deputy Premier and Minister of Finance Assen Vassilev said for the BNR. In his words, Bulgaria has provided nearly EUR 2 billion to help businesses cope..

17.04.22 17:37 |
MP Lyubomir Karamanski.

MPs failed to approve new Governor of the Bulgarian National Bank

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..

15.04.22 14:21 |

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