site.btaParliament Elects Central Bank Governor at Extraordinary Sitting

Parliament Elects Central Bank Governor at  Extraordinary Sitting

Sofia, July 14 (BTA) - At an extraordinary sitting on Tuesday,
the National Assembly opened discussions to elect a governor of
the Bulgarian National Bank (BNB) out of four candidates. Bisser
 Manolov has been proposed by the parliamentary group of the
Reformist Bloc, Viktor Yotsov by ABV, Grigorii Vazov by the
Patriotic Front, and Dimiter Radev by GERB and the Reformist
Bloc.

At the start of the sitting, Movement for Rights and Freedoms
(MRF) leader Lyutvi Mestan proposed that each candidate say in
advance with what team of deputy governors he will govern the
central bank, because they have a relative authonomy in their
respective fields. If the candidates do not do this, MRF will
not support any of them, Mestan said. After the proposal was
rejected, the MRF parliamentary group left the plenary chamber.

Socialist MP Yanaki Stoilov proposed that after the debates each
 candidate answer questions by MPs. The proposal was accepted.
   
Independent MP Velizar Enchev suggested that the election be
postponed until the Constitutional Court passes judgment on
whether the election procedure conforms with the Constitution,
but the majority rejected his proposal.
       
A candidate must receive more than half of the votes of those
present in order to be elected. If no one wins enough votes,
there will be a second round of voting contested by the two
highest-placed candidates of the first round. If no one is
elected in the second round either, Parliament will open another
 election procedure.