Bulgaria's Borissov: Eurozone Entry Is My Mission—What Comes Next, Only God Knows
GERB leader Boyko Borissov reaffirmed his commitment to guiding Bulgaria into the eurozone, stating that nothing would divert him from this goal
Boyko Borisov, leader of center-right party GERB, has suggested that Kalin Hristov must replace Ivan Iskrov at the post of Governor of the Bulgarian National Bank (BNB).
Hristov is a member of the current Managing Board of the Bulgarian National Bank.
One year ago, Hristov was Finance Minister in the caretaker government headed by Marin Raykov, according to reports of the Bulgarian National Radio.
In response to Borisov's proposal, Atanas Merdzhanov, Chair of the parliamentary group of the Bulgarian Socialist Party (BSP), said that the entire Managing Board of BNB had to be replaced but the decision for that had to be taken by the next Parliament.
Earlier on Friday, President Rosen Plevneliev insisted that the Parliament come up with a statement on the personnel problem at BNB as soon as possible, warning that the politicians would otherwise have to refrain from comments which could erode trust in BNB.
In a statement to the existing Parliament, Plevneliev reiterated his call for an update of the state budget and for allowing the caretaker government to take external loan.
BSP opposed the motion decisively.
The leader of GERB (Citizens for European Development of Bulgaria) proposed a compromise solution involving that the Parliament adopt the state budget update as requested by the former socialist-led government.
Bulgarian Posts will carry out the exchange of levs into euros in 2,230 post office locations across the country
Bulgaria has fulfilled the final requirement for joining the eurozone by meeting the budget deficit criterion
On June 4, Bulgaria will find out whether the euro will officially replace the lev in January 2026
In the first quarter of 2025, the 20-BGN banknote has overtaken the 100-BGN note as the most frequently counterfeited denomination in Bulgaria,
According to recent data from the Trend Research Center, shared during the "Personal Finance" event by Money.bg, 38% of Bulgarians are unable to set aside any savings
Bulgarians may begin exchanging their lev for euros if the upcoming convergence report
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