Bulgarian Central Bank Governor Seen as One of the ECB’s Stronger Inflation 'Hawks'
Dimitar Radev, Governor of the Bulgarian National Bank, is expected to take a firmly conservative stance within the European Central Bank’s Governing Council
Bulgarian National Bank headquarters, photo by BGNES
The conservators at Corporate Commercial Bank (Corpbank, KTB) have submitted to the Bulgarian National Bank (BNB) the audit report of the financial institution.
KTB was placed under conservatorship by the Bulgarian National Bank on June 20 due to a bank run.
The audit reports on the condition of KTB were prepared by AFA OOD, Deloitte Audit OOD, Ernst & Young OOD, according to a media statement of BNB.
BNB also informs that it has received no offer from a consortium interested in stabilizing KTB.
Simeon Dyankov, chairman of Bulgaria’s Fiscal Council, has warned that price increases implemented by traders are likely to remain in place despite new laws and fines
The Bulgarian government has approved an additional €25 million in revolving credit for Bulgarian Posts EAD to support the ongoing exchange of levs into euros at post offices
The Bulgarian National Bank (BNB) has updated its GDP growth forecast for Bulgaria for the 2025–2027 period, showing a more optimistic outlook than its June 2025 projections.
The process surrounding Bulgaria’s transition to the euro is unfolding smoothly and compares favorably with similar experiences in other countries
The process of converting Bulgarian levs to euros continues smoothly, with 48.3% of the national currency already withdrawn from circulation
As Bulgaria phases out the lev at the end of January, the numismatic market is already responding to the change, though not all coins are attracting attention.
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