Bulgaria

BNB gets observer status at ECB meetings

The Bulgarian central bank will receive an observer status in the European System of Central Banks and in the European Central Bank General Council, after the country signs its accession treaty with EU in 2005, the Central Bank's governor, Ivan Iskrov…

Budget boost for BNB

Bulgaria's budget for 2004 will provide an extra 8.5 million leva for the National Bank of Bulgaria, reports the Sofia Echo. The largest part of the additional 8.5 million leva will be used for support of money flow, for which 5.2 million leva has been…

BGN 100 banknote introduced in Sofia

The governor of the National Bank of Bulgaria Ivan Iskrov introduced the first BGN 100 banknote in Sofia on Wednesday 3 december, according to a report by Sofia Morning News, with deputy governor Tsvetan Manchev explaining that the note will make cash…

Bulgarian national bank issues golden coin

The National Bank of Bulgaria is to issue a commemorative golden coin "The Blessing Virgin Mary" on Monday 1 December, according to the Sofia Morning News. 20,000 of the coins will be issued with nominal value BGN 20.

Interview with BNB's Tsvetan Manchev

In an extensive interview published by Capital weekly, the National Bank of Bulgaria's deputy governor Tsvetan Manchev said that the BNB plans to carry out vocational training of its staff in preparation to take an active part in the banking system of…

Bulgaria signs partnership against fake money

The National Bank of Bulgaria (BNB) has signed an agreement on the establishment of a national centre to analyse forged and counterfeit money, according to a report by the Sofia Echo. According to BNB governor Ivan Iskrov, the central bank has the…

Forged currency centre idea for Bulgaria's c bank

Bulgaria is preparing to establish a centre to carry out analyses of all forged money seized in Bulgaria, according to the Sofia Morning News. Legislative changes will have to be made for setting up the centre, which will analyse Bulgarian levs, euros…

New Deputy Governor elected to Bulgaria c bank

Bulgaria's Parliament has elected Tsvetan Manchev deputy governor of the Central Bank and head of the Emission Department, according to a report by Novinite. He was previously executive director of the Agency for Economic Analyses and Forecasts with the…

Bulgarian c bank: Main challenge joining euro zone

Bulgaria's newly appointed central bank governor Ivan Iskrov has said that the main priority for the bank will be preparations for joining the eurozone, according to the Sofia Morning News. Former governor of the Bulgarian National Bank Svetoslav…

Governor of Bulgaria's central bank elected Sept

Latest estimates suggest Bulgaria will elect a new central bank governor in September, says Novinite. The farce which has dragged on for weeks looks set for completion then, Stanimir Ilchev, floor leader of the ruling Simeon II National Movement, said on…

Bulgaria c bank governor talks resume this week

Discussions over the appointment of a new governor for the national bank of Bulgaria will resume this week, according to Novinite. The announcement came a week after right-wing United Democratic Forces and the Socialist Party suspended negotiations and…

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