14 July 2026 | 13:01
The successes of the athletes and their coaches prove that there is no barrier to human potential when there is perseverance, ambition and support, the president says
NEWS
President Radev: Stability of the banking system is a key factor for handling crises
2022-03-10 18:21:00The 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.
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The active participation of the Bulgarian defence industry will strengthen the capabilities of the EU and NATO, said Iliana Iotova at a meeting with the NATO Supreme Allied Commander Europe, General Alexus Grynkewich
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Statement by Head of State Iliana Iotova
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For projects aimed at improving connectivity between Bulgaria and Turkiye must be viewed as a whole, to be successful, and within the context of closer cooperation in Southeastern Europe. This will bolster both economic development and security in the region, whose strategic importance is growing. This was stated by President Iliana Iotova at a meeting with Turkish Foreign Minister Hakan Fidan, who is on a formal visit to Bulgaria.