State Bank Head: Bulgaria in Strong Position to Join Eurozone Amid Global Uncertainty
Bulgaria is in a very strong initial position to join the eurozone
New Deputy Governor of Bulgarian National Bank Elected
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Kalin Hristov, the current advisor of the BNB Governor Ivan Iskrov, was elected his new deputy on Thursday. Photo by Dnevnik
Bulgaria's parliament elected with an overwhelming majority Kalin Hristov for Deputy Governor of the central bank BNB.
MPs voted 174-2 for his candidature, while 28 abstained.
The nomination was supported by the members of all parliamentary groups except for those from the left-wing parties, who either voted against or abstained.
Kalin Hristov will come into office for a six-year term as BNB deputy governor on October 23, 2009. He will take over the Emission Department from outgoing deputy governor Tsvetan Manchev.
Unconfirmed reports in the spring of 2009 claimed that he was going to become a MP from the GERB party, and that he had been helping PM Borisov's party with its economic program.
Hristov has rejected both of these claims. His name was also mentioned as a potential Deputy Minister of Finance but he was not appointed to the new government.
The new Deputy Governor was elected by the Parliament on Thursday a day after the MPs rejected the candidature of the outgoing Deputy Governor, Nikolay Nenovski.
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State Bank Head: Bulgaria in Strong Position to Join Eurozone Amid Global Uncertainty
Bulgaria is in a very strong initial position to join the eurozone
