Deloitte Bulgaria

The Bulgarian National Bank says it has selected through public procurement Deloitte Bulgaria as the auditing company to assess the quality of assets in the banking system.

Other two contenders who had placed an offer were Oliver Wyman GmbH and Mazars LLP.

Bulgarian Ilyana Tsanova, Deputy Prime Minister in charge of EU funds in the caretaker governments of prime ministers Marin Raykov and Georgi Bliznashki, has been selected as a 2015 Young Global Leader by the World Economic Forum (WEF).

Bulgaria may lose a part of a total of over EUR 1.3 B in EU subsidies for agriculture paid by the state due to yet another delay in the selection of an external auditor.

The current situation seems to be a repeat of the last-minute selection of Deloitte Bulgaria as a certifying authority for the EU subsidies for agriculture paid in the period October 2013 - October 2014.

Rosen Nikolov, head of Bulgaria's Deposits Insurance Fund (DIF) had resigned, said the government press office.

The motives for the resignation are not given.

The Bulgarian Business Leaders Forum's General Assembly, held on May 28 at Grand Hotel Sofia, saw elections for three Board members and financial controller.