Mario Draghi

ECB: Proposed Changes to Bulgaria Deposit Insurance Law Harm C-Bank

The European Central bank has warned against proposed amendments to the Deposit Insurance Act, saying they could constitute an infringement on the national bank's independence.

In a statement the Bulgarian National Bank (BNB), Bulgaria's central regulator, cites the letter from ECB signed by the European institution's head Mario Draghi.

No call for more games

Psychological warfare has been a part of the negotiations between the troika and Athens from the very start of the crisis. But the situation is much different now and troika decision-makers should not forget their own share of responsibility.

Pages