Development Bank

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CNDBK

Finance Minister Denies Reports of Ivan Iskrov's Appointment To Black Sea Trade and Development Bank

Bulgaria's Finance Minister Vladislav Goranov denied the reports that Ivan Iskrov, Governor of Bulgaria's Central Bank (BNB), will be appointed representative of Bulgaria at the Thessaloniki-based Black Sea Trade and Development Bank (BSTDB).

Bulgaria C-Bank Governor 'Likely to Resign in end-November'

Bulgarian National Bank (BNB) governor Ivan Iskrov is likely to step down by the end of November, sources in Parliament say.

The arrangement has been made after consultations Iskrov held with Prime Minister Boyko Borisov and the parliamentary groups of parties in the ruling axis, the website Mediapool.bg reports citing the sources.

Serbia, BSEC want to step up cooperation

BELGRADE - Serbia’s Deputy Prime Minister Zorana Mihaljlovic and Secretary General of the Organization of the Black Sea Economic Cooperation (BSEC) Victor Tvircun agreed Tuesday that there were opportunities to expand cooperation between Serbia and the organization in the areas of transportation and environmental protection, and also within the framework of the Danube Commission.

EBRD Finances Solar Project in Romania

The EBRD is loaning Spain's EDP Renovaveis, a leader in the renewable energy sector, with 20 million euro to construct and run six solar photovoltaic parks generating a total of 50MW in the southern Romanian region of Oltenia.

A parallel facility costing 10 million euro will be provided by the Black Sea Trade and Development Bank, according to a statement released on Thursday.