Bulgaria

Iskrov quits – for now

Ivan Iskrov, the governor of the Bulgarian National Bank, resigns following political spat over his position, but may soon be reappointed for a second time to serve a second term

Bulgarian National Bank - Annual Report 2007

The latest Annual Report from the Bulgarian National Bank highlights the central bank's entry to the European System of Central Banks, a group composed of the European Central Bank and the 27 national central banks of all EU members.

Balkan central banks agree on regulation framework

The central banks of six Balkan countries and Cyprus on Friday have agreed on a framework of regional cooperation to improve banking supervision, streamline operations and help fight money laundering and the financing of terrorism.

Bulgarian governor nominates deputy

The governor of the Bulgarian National Bank (BNB) Ivan Iskrov on Thursday 15 March nominated Rumen Simeonov, 55, to take over as deputy governor in charge of bank supervision from Emilia Milanova.

ECB paper on financial stability challenges

The ECB Occasional Paper 'Macroeconomic and financial stability challenges for acceding and candidate countries' reviews macroeconomic and financial stability challenges for acceding (Bulgaria and Romania) and candidate countries (Croatia and Turkey).

Iskrov on financial progress and prospects

In the speech 'Financial progress and prospects' given on 21 March Ivan Iskrov of the Bulgarian National Bank said the stable macroeconomic environment in Bulgaria, plus the sustainably high rates of economic growth and the prospects for its membership…

Bulgaria doing everything to join euro

Bulgarian Prime Minister Sergei Stanishev told European Central Bank President Jean-Claude Trichet on Monday 27 February that his government was doing everything possible to join the EU as soon as possible and to introduce the euro in 2009.

Treasury management system for Bulgaria

The Bulgarian National Bank is gearing up for entry to the European Union (promised for 2008 or 2009 at the latest) by ensuring it will meet the 1 January 2007 deadline for compliance with the revised Eurosystem standards for treasury management…

BNB implements new treasury management system

The Bulgarian National Bank has strengthened its accession strategy through the implementation of The Trema Suite as its new treasury management system covering Front-, Middle- and Back Office for their reserve management operations.

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