Bulgaria
Bulgarian Parliament elects new central bank chief
Ivan Iskrov was elected governor of the National Bank of Bulgaria on Thursday 9 October after Parliament approved the appointment by 140 votes to 50 with 20 abstentions, according to a report by Bulgarian News Network
Election delay of BNB governor 'won't harm banks'
The postponement of the election of a new governor to the Bulgarian National Bank won't harm Bulgaria's banking sector, Finance Minister Milen Velchev has said according to Novinite.
Bulgaria rejects bid to speed up c bank election
A proposal by the deputy chair of the right wing opposition, Dimitar Abadzhiev to speed up the election of a new governor to the Bulgarian central bank before the summer recess was rejected by parliament this week, Novinite reported.
Governor of Bulgaria's central bank elected Sept
Latest estimates suggest Bulgaria will elect a new central bank governor in September, says Novinite. The farce which has dragged on for weeks looks set for completion then, Stanimir Ilchev, floor leader of the ruling Simeon II National Movement, said on…
Bulgaria c bank governor talks resume this week
Discussions over the appointment of a new governor for the national bank of Bulgaria will resume this week, according to Novinite. The announcement came a week after right-wing United Democratic Forces and the Socialist Party suspended negotiations and…
Stand-off in Bulgaria
The mess in the ECB appointment process also needs to be cleared up to set anexample to other countries as to how these things should be done. Bulgaria might have benefited from this.
Bulgaria c bank-Report warns on political decision
A report published Monday highlights the possibility of a politically motivated choice of the next governor of Bulgaria's national bank as a key risk, Novinite reported. "Bulgaria: Beyond the Facts" warns the decision may put at risk the independence of…
IMF criticises Bulgaria over central bank delay
With the name of the new governor of the Bulgarian national bank still to be decided, the IMF has stepped in calling the delay a problem and urged a speedy conclusion to the matter in a transparent way, Bulgaria News Network reported.
Candidates and crystal balls in Bulgaria
Candidates for the post of governor of the Bulgarian national bank were asked to compile reports as part of the selection process. Of particular interest were European Union accession and the date when Bulgaria is likely to introduce the euro.
Right-wing withdraw from Bulgaria governor talks
Bulgaria's right-wing opposition has withdrawn from debate over the new governor of the central bank of Bulgaria,according to Novinite. They say it is not appropriate to mix talks over the election of a new governor with consultations over Bulgaria's…
Bulgarian PM says c bank unaffected over delay
Bulgarian prime minister Simeon Saxe-Coburg said at the weekend that the delay in naming a new governor for the National Bank of Bulgaria will not have a negative effect on the institution, according to Novinite. He also said he did not know of a third…
Talks over Bulgaria's central bank head drawn out
After a second round of talks on Friday the decision on the election of a new governor of the Bulgarian national bank will resume next week. Novinite reported one of the two nominees for governor - Ivan Iskrov, gained a lead ahead of current governor…
2nd round of talks due Friday over Bulgaria c bank
A second session of talks has been scheduled for Friday to discuss candidates for governor of the central bank of Bulgaria, Novinite reports. The option of naming a third nominee will be considered at Friday's consultation.
More delay in naming Bulgaria's cb governor
The naming of the new governor of the central bank of Bulgaria, scheduled for Friday 20 June, has been further delayed and is now expected next Thursday, 26 June, according to Novinite.
New governor of Bulgarian national bank by Friday
Bulgaria's parliament is now expected to name the new governor of the central bank by the end of the week, according to Novinite. The further delay stems from the need to find a third candidate as "two candidates for Governor is no choice at all," the…
Bulgaria ruling party ready for c bank compromise
Bulgaria's ruling party floor leader Plamen Panayotov told journalists in parliament on Thursday 12 June that the party was ready for a compromise on whom to nominate as the next central bank governor, according to bnn.
Bulgaria delays election of central bank governor
The Bulgarian parliament has delayed its decision to appoint a new governor to the central bank by a week, according to BG News. The decision made on Tuesday 10 June was blamed on disagreements in the ruling coalition on whom to nominate for the post.
Bulgaria parliament to name new central bank chief
Bulgaria's parliament was due to name the new governor of the national bank of Bulgaria on Tuesday with criticism made that the choice may be politically motivated, according to BG News.
Split in Bulgaria over nomination of cb governor
There has been disagreement among the ruling coalition in Bulgaria, according to the Bulgarian News Network, over who is to continue as governor of the central bank when current governor Svetoslav Gavriyski' term ends next Wednesday.
Bulgaria's central bank launches RINGS system
The National Bank of Bulgaria put its new Real-time Interbank Gross Settlement System (RINGS) into effect on Tuesday 3 June, Novinite reports. It will make possible operations with payments in euros following Bulgaria's accession to the European monetary…
Bulgarian national bank chief to run for 2nd term
Svetoslav Gavriiski said on Tuesday 3 June that he intends to run for a second six-year term as governor of the National Bank of Bulgaria, according to a report from Novinite. Earlier in the day Bulgarian President Georgi Parvanov praised the work of the…
Bulgaria's central bank deputy governor resigns
Deputy governor Martin Zaimov has resigned from Bulgaria's central bank. The move was described as a surprise as Zaimov had been tipped by many to take over from the governor, who leaves the Bank this summer.
Bulgarian National Bank - Annual Report 2001
ANNUAL REPORT - The Bulgarian National Bank has published its Annual Report for the year ended 2001.
"Anti-central bank" central banker promoted
BULGARIA - A peculiar choice has been made to replace Roumen Avramov on the Bulgarian National Bank's board of governors.