BBR

Stoyan Panchev's interview with Trud newspaper: The early parliamentary elections were marked by low interest and minimal surprises in the results. No party won outright. No potential coalition was given enough room for action. Slavi Trifonov's party presented a draft cabinet, thus leaving potential partners …

Author: Stefan Antonov On July 10 (the day before the elections) it will be one year since Bulgaria and Croatia were admitted to the waiting room of the eurozone and the banking union. GERB's decision to push in this direction became a fact despite legitimate and well-founded concerns that the state was taking unacceptable risks. The period since its …

The ECB is silent about the BDB. We have sent a request for all documents on the case. As we have already written, Bulgaria has been a member of the Banking Union for 9 months now. A key element of the BS is the so-called Single Supervisory Mechanism. Supporters of the eurozone promised that banking supervision in the hands of the ECB would correct the problems in …

Bulgaria has been a member of the Banking Union for 9 months now. A key element of the BS is the so-called Single Supervisory Mechanism, which was promised by the supporters of the eurozone to correct the problems in local banking supervision. With the letter below, the EKIP asked the ECB – what they have done, what they are doing and …

Vladislav Goranov has decided to become a lobbyist. This is the gist of the news that the former finance minister has decided to establish a consulting firm after his resignation from the GERB government. All doubts about a potential conflict of interest aside, hardly anyone can be seriously surprised by such news. Still …

They ask me where we are with the euro. In the summer of 2018, Bulgaria made unilateral commitments to carry out a number of actions in several areas - as preconditions for our subsequent admission to ERM-2 and the Banking Union. And now everything has been reported as fulfilled. The Council of Ministers is holding a special meeting and ...

Congratulations on your new (quasi-)state bank. At least 1/4 of it. As of yesterday, FIB is already practically 26% owned by the Republic of Bulgaria. In 2 weeks it will become official. The pornographic story has been played out, in which the former financial chief of FIB is appointed governor of the state-owned Bulgarian Development Bank, in order to pour …

If you follow the local media, you've probably already heard about yet another scandalous loan granted by the Bulgarian Development Bank. This time, it's not about one of the big businesses connected to Delyan Peevski, but about another businessman with a dubious public reputation – Rumen Gaitanski, nicknamed "Vulka", known for his closeness to …