Bulgaria Cen. Bank Governor Says Nominee for His Job ‘Suitable’

Ruling party “Gerb nominated a person with great experience in finances. You know my obligation, so we’re following procedures. Soon I’ll have the possibility to make a statement,” central bank Governor Ivan Iskrov tells reporters in Sofia.

  • NOTE: Iskrov’s 2nd term in office expires in Oct. He was under pressure to resign over Corporate Commercial Bank’s failure last yr and had said he may step down if parliament votes on new governor candidate
  • NOTE: Bulgaria May Vote Radev as Central Bank Chief in 1 Month
  • NOTE: Bulgarian Regulator Revokes Corpbank’s License, Seeks Insolvency

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