Bulgarian National Bank

Accusations of betrayal over North Macedonia

The candidate of "There Is Such a People" Lubomir Karimanski was not elected head of the Bulgarian National Bank (BNB). 59 voted in favor, 36 against, 140 abstained.

Karimanski was supported by GERB and the Movement for Rights and Freedoms during the debate.

A view of the Bulgarian National Bank in Sofia, 25 November 2019. EPA-EFE/VASSIL DONEV

The SMS he received reads: "Give up, or consequences will start immediately and you have no idea how severe they will be!!!"

Thousands of Bulgarians have a name day today, sailors and bankers celebrate as well, the Church honors St. Nicholas the Miracle Worker of Myra. St. Nicholas Day is also the day of the Bulgarian city Burgas.

The name means "winner", name day celebrate people with the names: Nikola, Nikolay, Nikolina, Nikoleta, Nina, Kolyo and their derivatives.

The Bulgarian National Bank has taken a decision to restrict mortgage lending. The Board of Directors has decided to increase the capital buffer for banks' risk loans from 0.5% to 1% from 2021. The measure aims to ensure that vaults have sufficient reserves to cover losses on non-performing loans. As a rule, the buffer is increased when it is necessary to "cool" a large increase in credit. 

The third term depends on the return of "There is such a people" to the negotiating table, but a coalition agreement must be signed to keep GERB and the MRF away from power.

This was stated before BNT by the MP from "Democratic Bulgaria" Ivaylo Mirchev.

The Sofia City Court (SCC) issued an opinion on Saturday in connection to what they deem an unprecedented statement made by caretaker Economy Minister Kiril Petkov on June 25, 2021 in the Panorama programme on Bulgarian National Television. Petkov's statement assessed a SCC decision in an unacceptable manner, the disseminated opinion reads.

Since the beginning of the year, Bulgarians have closed about 1,200 small deposits accounts every day. The data of the Bulgarian National Bank (BNB) by the end of March show that on a quarterly basis the savings of up to BGN 1,000 in commercial banks decreased by almost 106,000, or more precisely 105,828.

The Management Board of the Bulgarian Development Bank (BDB) Monday refused to provide the bank's audit committee with information on the BDB's credit files, caretaker Economy Minister Kiril Petkov told reporters on Tuesday. In his words, the refusal read, "The information on the credit files is ready, but we will not give it to you."

Foreign direct investment in Bulgaria in the first three months of the year recorded an outflow of 27.8 million euro, the equivalent of 0.04 per cent of the gross domestic product (GDP), statistics of the Bulgarian National Bank (BNB) showed on May 19.