Bulgaria PM Renews Calls on C-Bank Governor to Resign

Bulgaria's Prime Minister Boyko Borisov. Photo by BGNES

Prime Minister Boyko Borisov has demanded that Bulgarian National Bank (BNB) Governor Ivan Iskrov step down.

He has also made clear the government is not considering to offer him any "peaceful heaven", against the backdrop of earlier media reports.

Borisov wrote [BG] on Facebook early on Monday that Iskrov "had to vacate the position on his own", since the banking system and central banks are not dependent on governments under the Treaty on European Union.

The Prime Minister's remarks came as an explicit response to Bulgarian Socialist Party (BSP) prominent member Georgi Kadiev, who described as likely the reports that Iskrov was to be appointed to the Black Sea Trade and Development Bank (BSTDB) and that was part of the arrangements made with him on the condition he stepped down.

Borisov even called the governor "the chief secretary" of Prime Minister Plamen Oresharski.

On Sunday Bulgaria's Finance Minister Vladislav Goranov also fended off comments that Iskrov was going to the BSTDB after submitting his resignation.

However, neither Iskrov nor Borisov have elaborated on the BNB Governor's meeting with the Prime Minister which took place last week without any information released afterwards.

Government sources reportedly told local news outlets last week that Iskrov would resign by the end of November.

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