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Photo by Hristina Dimitrova
Bulgarian lawmakers have rejected a motion that would have revoked the secrecy protecting credit files of politicians at Corporate Commercial Bank (KTB).
The bill was proposed by Yordan Tsonev, an MP from the liberal Movement for Rights and Freedoms (DPS) who was also the Chair of the outgoing Parliament's Budget and Finance Committee.
Tsonev, alongside DPS leader Lyutvi Mestan, argued before the vote the idea was one serving "public interest", as lifting of the banking secret regarding politicians who hold their assets in KTB would have cast more light on the recent developments at the bank, which is now under the special supervision of Bulgaria's central financial institution BNB.
MPs took the step during the last session of the 42nd National Assembly, which is to be dissolved later this week.
A recent sociological survey conducted by the Center for Analysis and Marketing (CAM) in February indicates that five parties are likely to secure seats in Bulgaria’s next parliament. According to the study, these parties are Rumen Radev’s formation, GERB
Bulgarian media tycoon and notorious oligarch Delyan Peevski has officially retired the “New Beginning” label as his party prepares for the upcoming parliamentary elections, according to an announcement from the DPS press office
Delyan Peevski, leader of the DPS-New Beginning parliamentary group, issued a strongly worded statement in response to the swearing-in of the “Gyurov” caretaker government before the National Assembly
The European Parliament has approved a €90 billion support package for Ukraine, aimed at addressing the country’s urgent financial and defense needs as Russia’s war of aggression enters its fifth year
President Iliana Yotova said efforts are under way to schedule the upcoming parliamentary elections for the earliest possible date after the Easter holidays
Bulgaria’s National Assembly is entering a three-week recess, with MPs set to return on January 10, 2026.
The Bulgarian National Bank (BNB) has decided to increase the countercyclical capital buffer to 2.25%, in a move aimed at easing pressure on the rapidly growing housing credit market and strengthening the resilience of the banking system.
The Ministry of Finance has released a broad public dataset covering more than 7,000 public procurement contracts with a combined value exceeding 30 billion euros
Caretaker Finance Minister Georgi Klisurski said he expects fuel prices at gas stations to ease in the coming period, pointing to a sharp decline in international oil markets
Bulgaria’s new government borrowing for 2026 has surpassed the 1 billion euro mark following the latest successful auction of state securities, according to data cited from the Bulgarian National Bank
Bulgaria recorded only a modest and one-off increase in inflation following the adoption of the euro on January 1, with the effect estimated at between 0.3 and 0.4 percentage points
Data released by the Ministry of Finance, covering budget execution for February 2026 and preliminary estimates for March 2026, indicate a marked deterioration in Bulgaria’s fiscal position
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