Kalin Hristov

Bulgaria: Interest Rates Remain Low for Long Period

Interest rates will remain extremely low for an extended period of time due to the Covid-19 crisis, leading bankers predicted at the Banks and Business conference.

A new partial moratorium on obligations is not expected, as it would not have such great effect, added Deputy Governor of the Bulgarian National Bank (BNB) Kalin Hristov.

Bulgaria's Parliament Endorses Proposed C-Bank Deputy Governors

Bulgaria's Parliament on Wednesday voted into office the three deputy governors of the central bank BNB proposed by the new BNB head Dimitar Radev, BNT TV channel reported.

Two of the three deputy governors - Dimitar Kostov  and Kalin Hristov - had served under Radev's predecessor Ivan Iskrov who stepped down last month.

Coin to Replace BGN 2 Banknote By End of Year - Bulgarian National Bank

An official of the Bulgarian National Bank (BNB) announced on Thursday that a BGN 2 coin will replace the banknote of the same denomination until the end of the year.

This was stated by BNB's Deputy Governor in charge of the Issue Department Kalin Hristov, who is nominated for serving another term under the newly elected governor Dimitar Radev.