Sun, Nov 22 2009

Bulgaria central bank governor sworn in for second term

Fri, Oct 09 2009 12:47 CET byThe Sofia Echo staff 1069 Views
Bulgaria central bank governor sworn in for second term

Photo: Krassimir Yuskeseliev

Ivan Iskrov, the governor of the Bulgarian National Bank, took the oath in front of Parliament on October 9 2009 and will begin his second six-year term at the helm of the central bank on October 10.

Iskrov's election in May 2009, long before the period specified by law, sparked controversy and was criticised by the opposition at the time as an illegal attempt by the outgoing government of prime minister Sergei Stanishev to fill a key position.

He was re-elected with the votes of the new Parliament majority "in the name of the stability of the banking system".

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Bulgarian central banker re-elected for second term

Parliament re-elected Ivan Iskrov as governor of the Bulgarian National Bank (BNB) on August 26, with 195 MPs in favour, one against and 14 abstaining.

Much ado about nothing: Bulgaria c-banker set to get second term

Central bank governor Ivan Iskrov surprisingly submitted on August 20 a resignation letter for his second term in office, only to be nominated for the job again by the ruling GERB party later in the day.

Mr Safe

Bulgarian central bank governor’s re-election sparks opposition protest

Bulgaria c-banker appointed for second six-year term

Ivan Iskrov, known for his conservative approach to policy, has been appointed for another term, but opposition cries foul

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