Simeon Djankov

Bulgaria is not developing particularly well at the moment, and its problems are being overshadowed in the media by Central and Southeastern Europe's migrant crisis, Austrian daily Das Wirtschaftsblatt reads.

Ivan Iskrov had been reelected on his position as a Chair of the Bulgarian National Bank under pressure during the first Boiko Borisov cabinet.

The statement was made by Former Finance Minister Simeon Djankov in an interview for bTV, who was in office at the time.

Former Bulgarian Deputy Prime Minister and Finance Minister Simeon Djankov is among the key lecturers at the Emergency Economic Summit for Greece scheduled to take place on May 19 in Athens.

The summit is organized by the US-based NGO the Atlas Network, the Cato Institute, and the Friedrich Naumann Foundation for Freedom.

Betina Zhoteva, the spokeswoman for Bulgaria's Foreign Ministry, will be appointed to the Council for Electronic Media (CEM), the Presidency of Bulgaria has said.

Zhoteva was nominated by Bulgarian President Rosen Plevneliev, who appoints several members of the media regulator alongside Parliament.

Simeon Djankov, who last year joined Russian VTB bank's Supervisory Council, is now stepping down, Russian media reports suggest.

The report is run by Russian daily Kommersant [RU], in an article that gives a summary of recent moves by foreign nationals to quit high-profile positions at Russian bank as the country's financial system is suffering from the impact of Russian sanctions.

Finance minister in the first center-right party GERB's government, Simeon Djankov gathered Bulgaria's political elite at a sophisticated book premiere at the Sofia City Gallery on Tuesday. For nearly two hours, he signed copies of his work, entitled Inside the Euro Crisis: An Eyewitness Account.

Bulgaria's Parliament on Thursday turned down a proposal to increase tax on interest earned from bank deposits to 10% from the current 8% from 2015.

The proposal was submitted by the centre-right GERB party, the biggest partner in the coalition government.

The Parliament rejected the motion in second and final reading in a 95-77 vote with four abstentions.

Bulgaria plans to increase tax on interest earned on bank deposits to 10% from next year, restoring the levy to its initial level, the head of budget commitee in Parliament Menda Stoyanova has said.

The EU is likely to lessen sanctions imposed on Russia in response to the limiting of hostilities in Ukraine, former Bulgarian government official Simeon Djankov argued Thursday.

"If we reach a position of frozen conflict, then we can discuss how we and the Russians can work together," Russian news agency RIA quoted him as saying.

The upgrade of the Ledenika brewery in the northwestern town of Mezdra has absorbed investments of BGN 25 M, according to Vladislav Tsvetkov, manager of the Ledenika 1964 company.