The governor of the Bulgarian National Bank (BNB) warned in an interview with Bloomberg that politics is becoming a major source of instability and risk for central banks, rather than a factor of stability as it used to be. According to Dimitar Radev, the European Central Bank’s future decisions on interest rates, in which he will participate from January 1, 2026 with Bulgaria’s entry into the eurozone, must be based on the global context and balance of risks, including geopolitical factors and the situation in world trade.
Radev says his knowledge of how a planned economy can fail will prove useful as European Central Bank officials grapple with the consequences of a new wave of interventionist governments in the common currency area.
Editor: Ivo Ivanov
Publication in English: Alexander Markov
Photo: BTA, library
“I call on all representatives of the Movement for Rights and Freedoms in local government — mayors and municipal councilors — to ensure security and predictability for the people and to take the necessary steps to keep all local taxes and fees..
Bulgaria has climbed to 11th place in this year’s Digital Quality of Life 2025 (DQL) index published by Surfshark, up from 18th last year, BTA reported. The index evaluates countries’ digital well-being across five dimensions: fixed broadband..
Around 90% of the antiques seized during an international operation targeting a cultural property trafficking network will be returned to Bulgaria, Deputy Minister of Culture Todor Chobanov told “Nova TV”. “This is an unprecedented operation in..
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