Wednesday can be summarized in three political news bits: Parliament postponed the election of a new central bank governor; Parliament Speaker Iva Miteva (from anti-elite There is Such a People formation, the biggest force in the National Assembly) said that she would not agree to be prime minister in a cabinet expected to be formed by another political grouping; the possible dates for the presidential elections are 7 November or 14 November. Also, the cabinet extended by three months (until the end of November) the state of epidemic emergency, as Bulgaria entered into a fourth wave of coronavirus infections since the start of the pandemic.
Parliament postponed the selection of a new central bank governor
The Parliament decided to postpone the election of a new governor of the Bulgarian National Bank (BNB). All parties find it reasonable for the new governor to be chosen when an elected government has taken over. Until then the central bank will continue to be run by the current governor Dimitar Radev, whose term of office expired in July. For now it seems that a possible third parliamentary election in 2021 may coincide with the presidential elections and take place in November. The decision who will be the next BNB governor is important because he will have an important role for Bulgaria's adoption of the euro.
Mini Maritza East posted 8.5 mln levs loss for H1 2021
State-owned mines cannot get out of the vicious circle of financial losses. Coal mining company Mini Maritza East declared an operating loss of 8.5 million levs (4.3 million euro) for the first half of 2021, compared with a loss of 9.6 million levs for the same period last year. In the first half of the year, the revenues from coal sales increased to 1.8% year-on-year, reaching 197.4 million levs.
Bulgaria to ban ban imports of waste intended for deposition or use as fuel
Import of waste that is not intended for deposition or use as fuel will be banned, said caretaker Minister of Environment Assen Lichev. A draft decision on the matter will be submitted to the Council of Ministers next week. According to Lichev, businesses disagree with such a decision, because they wants to use the waste, but the government's aim is to stop illegal incineration of such (non-dangerous) waste in power plants.