Dimitar Radev

If the third mandate to form a government fails, Bulgaria will face early parliamentary elections in mid-October. Despite hopes from "There Is Such a People" (TISP) for a successful third-term government, forecasts suggest that the 50th National Assembly may not be able to establish a regular cabinet, "Dnevnik" reports.

Bulgarian National Bank Governor Dimitar Radev emphasized in a recent BNT documentary that the delay in Bulgaria's entry into the Eurozone is primarily a political issue.

President Rumen Radev has been actively engaging with all potential candidates for the interim prime minister position within a span of just two days. Despite public declarations of willingness to adhere to constitutional procedures and the President's decision, none of the candidates expressed a clear desire to take on the responsibility.

President Rumen Radev expressed his concerns about the limited options available for selecting a caretaker prime minister, highlighting the challenges in the appointment process. The President's remarks came amid discussions to appoint a caretaker government and schedule new elections within two months, as mandated by Article 99 of the Constitution.

Bulgaria is gearing up to nominate Kristalina Georgieva for a second term as the head of the International Monetary Fund (IMF), according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB) and the governor of the IMF for Bulgaria.

During a parliamentary budget committee meeting, Dimitar Radev, the Governor of the Bulgarian National Bank (BNB), advocated for a strategic fiscal approach, proposing a 10% buffer allocation within the budget for 2024. This buffer, if not utilized due to unforeseen risks, would be available for expenditure in the final quarter of the year.

The Bulgarian Parliament voted and elected Dimitar Radev as Governor of the Bulgarian National Bank (BNB) with a mandate of 6 years. He was nominated by GERB-SDS.

The pro-Russian "Vazrazhdane" party demanded the resignation of the governor of the Bulgarian National Bank (BNB), Dimitar Radev. According to them, he has started implementing the plan to introduce the euro.

Deputy Minister Hardalias will meet with Bulgaria’s Minister in his stead

Adopting the euro will not generate inflationary impulses above the health levels, but that does not mean that prices will remain unchanged. This is a process of real convergence, which means bringing both incomes and prices closer to the average in Europe. BNB Governor Dimitar Radev said on BNT, reports Dnevnik.