President Rosen Plevneliev has nominated current deputy finance minister Boryana Pencheva as member of the Governing Council of the central bank. The 6-year term of the Pencheva will begin on December 2, 2012. The nomination is in compliance with the procedures that guarantee transparency of the appointments of senior public positions. It is also in accordance with the good and effective interaction and predictability in the relations between the President institution and BNB, the official statement reads. In the period 2002-2009 she was Director of Management of EU Funds Directorate within the Ministry of Finance. She also serves as Deputy Chairperson of the Council for Coordination of Fraud Prevention to the Council of Ministers and member of the Council for European Affairs. |
The EC has sent a reasoned opinion to Bulgaria over failure to comply with EU rules on the free movement of capital, the EC said on its website. The privatisation act in Bulgaria introduces ... more
Bulgaria will be seeking an extension of the court procedure filed by the EC against the country over irregularities found in the assignment of digital broadcast spectrum, transport minister ... more
Bulgarian individuals and companies hold EUR 100mn in Cypriot banks according to ECB data, BTA reported quoting Reuters. The largest EU depositors in the crisis-hit country are Greece with EUR ... more