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People walk at the courtyard of the Georgian parliament building during the European Bank for Reconstruction and Development (EBRD) Annual Meeting and Business Forum in Tbilisi, Georgia, May 13, 2015. EPA/BGNES
The Bulgarian government has named Kalin Mitrev as the country's representative in the Board of Directors at the European Bank for Reconstruction and Development (EBRD).
Mitrev will also assume the Alternate Director's position, heading the bank's joint office for Poland, Bulgaria and Albania.
He "has long experience in working with the EBRD, which ensures coherence and efficiency in the use of resources of the institution and the support for programs and projects that are important to Bulgaria," the government said in a statement after a Wednesday cabinet meeting.
Mitrev has held the office twice before being replaced by Slavka Slavova in 2009. The latter was dismissed in April 2014 under a socialist-liberal administration (which reappointed Mitrev), claiming she had learned about the reshuffle by the media.
Mitrev's wife, Irina Bokova, is the Director-General of UNESCO, whose name has been officially submitted by Bulgaria as a candidate to take over as UN Secretary General in February.
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According to the latest data from the Bulgarian National Bank (BNB), the number of individuals in Bulgaria holding bank deposits of over 1 million BGN continues to rise steadily—at an average rate of one new millionaire depositor per day.
According to data published on the Bulgarian National Bank’s (BNB) official website, household lending surged by 20.
The Bulgarian National Bank (BNB) has released another set of practical guidelines regarding the transition to the euro once the country joins the eurozone
A significant portion of Bulgarians' savings is already held in euros, signaling the country's readiness for the currency switch, even before its official adoption
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The Bulgarian National Bank (BNB) has announced that it will stop publishing the key interest rate following the country's adoption of the euro
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