Pages

Wednesday, July 15, 2015

Bulgaria Appoints New Central Bank Governor

As lawmakers attempt safeguard the banking sector from the effects of the Greek crisis, the Bulgarian parliament approved Dimitar Radev as the new head of the nation's central bank, according to Bloomberg Business. Radev stated that his plan for preserving the banking sector includes three attributes: banking supervision, asset quality management and a bank-crisis management mechanism. The new governor will also support the government's desire to join the European banking union. Radev was nominated by the GERB party, the nation's primary ruling entity. (adsbygoogle = window.adsbygoogle || []).push({}); As lawmakers attempt safeguard the banking sector from the effects of the Greek crisis, the Bulgarian parliament approved Dimitar Radev as the new head of the nation's central bank, according to Bloomberg Business. Radev stated that his plan for preserving the banking sector includes three attributes: banking supervision, asset quality management and a bank-crisis management mechanism. The new governor will also support the government's desire to join the European banking union. Radev was nominated by the GERB party, the nation's primary ruling entity. As lawmakers attempt safeguard the banking sector from the effects of the Greek crisis, the Bulgarian parliament approved Dimitar Radev as the new head of the nation's central bank, according to Bloomberg Business. Radev stated that his plan for preserving the banking sector includes three attributes: banking supervision, asset quality management and a bank-crisis management mechanism. The new governor will also support the government's desire to join the European banking union. Radev was nominated by the GERB party, the nation's primary ruling entity. read more


READ THE ORIGINAL POST AT www.economywatch.com