Bulgaria names Dimitar Radev central bank governor

Parliament appoints former IMF economist Dimitar Radev as governor

national-bank-of-bulgaria
Bulgarian National Bank

IMF economist Dimitar Radev was appointed Bulgarian National Bank governor today (July 14), after winning the support of 130 out of 180 MPs in a parliamentary vote.

He succeeds Ivan Iskrov, who stood down on July 10 after a difficult relationship with government following the failure of Corporate Commercial Bank (CCB) in 2014.

Iskrov's second term was due to expire on October 10, but he chose to step down early so his successor could nominate candidates for the two deputy governor vacancies as

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