NEWS

President Radev: Stability of the banking system is a key factor for handling crises

2022-03-10 18:21:00

The stability of the banking system is a key factor for dealing with today's crises. This is what President Rumen Radev said during a meeting with Andrea Orcel, CEO of UniCredit, one of Europe's leading financial groups. The meeting was also attended by the Governor of the Bulgarian National Bank, Dimitar Radev.

The Head of State added that a number of European banks are interested in expanding their positions in this country, which is facilitated by the rapid development of the fintech industry, the IT sector and related investments. In the complicated international environment, it is of utmost importance for Bulgaria to maintain its economic competitiveness, President Radev stressed.  Andrea Orcel assured that the banking group he manages, which has the largest representation in the country, will continue to support all efforts for a sustainable recovery from the crises European countries are facing today.

 

MORE FROM NEWS

President and UK Ambassador Discuss Cooperation in the Field of Security and the Fight against Illegal Migration

31 July 2025 | 17:05
Rumen Radev and Nathaniel Copsey discussed the fruitful partnership within NATO, as well as ensuring security in the Black Sea

The President Awarded the Ambassador of the Kingdom of the Netherlands With the Order of the Madara Horseman, First Class

29 July 2025 | 17:05
In his speech, the president stressed the relationship between the two countries, based on friendship, mutual trust, and respect

Head of State Awarded the Madara Horseman Order, First Class, to the Ambassador of the French Republic

29 July 2025 | 16:04
In his speech, Radev highlighted the dynamically and comprehensively developing relations between Bulgaria and France

Rumen Radev: Success Has Accompanied Bulgarian Diplomacy When It Was Not Subject to Narrow Party Interests and Followed Clearly Formulated National Goals

22 July 2025 | 22:10
When asymmetric actions are applied to our country, we should expand our diplomatic toolset to protect national interests and, above all, the rights of our compatriots abroad, the president says on the occasion of the Day of the Bulgarian Diplomatic Service

ОТКРИТО УПРАВЛЕНИЕ

e-ДОКУМЕНТИ

BULGARIAN CHRISTMAS

SUPPORT A DREAM

JOHN ATANASOFF AWARD

CONSULTATIVE COUNCIL FOR NATIONAL SECURITY


Useful links