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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.
The debates regarding the second vote of no confidence in Prime Minister Rosen Zhelyazkov’s government have concluded, and the vote will take place tomorrow at 2:30 p.m
The faction of the Movement for Rights and Freedoms (DPS) aligned with Ahmed Dogan—now operating under the name Democracy, Rights and Freedoms—has officially exited Bulgaria’s ruling majority
Bulgaria is in a very strong initial position to join the eurozone
The Bulgarian National Bank (BNB) has officially approved the updated graphic design of the national side of Bulgaria's euro coins, the institution announced
The Bulgarian National Bank (BNB) has released the second installment of its "Questions and Answers on the Euro and the Eurozone" series
If parliamentary elections were held now in Bulgaria, GERB would emerge as the leading political force, with 23.8% of voters' support
In July, Bulgaria’s eurozone entry plans will be definitively clarified
Bulgaria has successfully met the price stability criterion required for entry into the eurozone
Bulgaria is in a very strong initial position to join the eurozone
Finance Minister Temenuzhka Petkova has stated that Bulgaria is ready to join the eurozone
The international rating agency Fitch has reaffirmed Bulgaria’s long-term credit rating at 'BBB' with a positive outlook
A recent large-scale online survey conducted by Tavex, involving thousands of participants engaged in gold and currency trading, has revealed that every second Bulgarian is against the country adopting the euro
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase
