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Budget Committee Chairman Yordan Tsonev (L) with Bulgarian National Bank Governor Yordan Tsonev at the emergency meeting of the committee. Photo by BGNES
Ivan Iskrov, Governor of the Bulgarian National Bank (BNB) has attended an extraordinary session at the Budget and Finance Committee at Bulgaria's Parliament.
The meeting called by committee Chairman Yordan Tsonev, a Movement for Rights and Freedoms (MP) is dedicated to the results of an independent audit carried out at the Corporate Commercial Bank (KTB), Bulgaria's fourth-largest bank.
Earlier on Friday, BNB announced it would scrap the license of KTB and nationalize its subsidiary Credit Agricole Bulgaria as a consequence of the inspection's outcome, which showed the former bank was involved in activities contravening good legal and banking practices.
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The Movement for Rights and Freedoms (DPS) in Blagoevgrad has nominated Elena Yoncheva as a candidate for the European Parliament, sparking intense debate and speculation
In its latest macroeconomic forecast released on Tuesday, the Bulgarian National Bank (BNB) anticipates a 2.2% increase in Bulgaria's Gross Domestic Product (GDP) for the year 2024, compared to 1.8% in 2023
Bulgaria is grappling with a sharp increase in counterfeit currency, with the Bulgarian National Bank (BNB) reporting a concerning surge in fake banknotes, particularly those of 100 BGN denominations
Amidst ongoing negotiations to form a new government, the Movement for Rights and Freedoms (DPS) has expressed openness to exploring alternative governance arrangements
In a pivotal moment for the Movement for Rights and Freedoms (DPS), Delyan Peevski and Dzhevdet Chakarov have been elected as co-chairmen of the party during a national conference held in Sofia on Saturday
"Everyone is dancing to the little talkative Scheherazade Hristo," said Delyan Peevski on the sidelines of the Bulgarian parliament
The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
Experts suggest that Bulgaria's admission to the Eurozone is more realistic in January 2026
February witnessed a surge in remittances from Bulgarians residing abroad, reaching a remarkable EUR 110.5 million, marking the highest value since last July
Amidst financial fluctuations and strategic fiscal decisions, Bulgaria's Minister of Finance, Lyudmila Petkova, unveils the nation's robust fiscal reserve, standing tall at BGN 10.9 billion as of April 18th
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
