Bulgaria’s Iskrov reappointed

national-bank-of-bulgaria

Ivan Iskrov will serve a second term at the helm of the Bulgarian National Bank, it emerged on Wednesday despite his earlier nomination to head the central bank for a further six years being ruled illegal.

Lawmakers voted 195 to 14 in favour of the reappointment, bringing to a close a week-long saga over the governorship.

Iskrov, first appointed in October 2003, handed in his resignation to the Bulgarian parliament last Thursday after the GERB, Bulgaria's ruling party, complained that his reappo

To continue reading...