AmCham Webinar with Dimitar Radev, Governor of the Bulgarian National Bank
On October 21st, 2020 AmCham Bulgaria welcomed Dimitar Radev, Governor of the Bulgarian National Bank to a special webinar for its members. The event was attended by more than 70 people, and it was moderated by Bojidar Neytchev, AmCham Bulgaria Board Member and South East Europe Deals Leader, PwC.
“AmCham raises voice when something is wrong, but we also raise awareness when something is achieved. Being in ERM II is such achievement. The credit goes to the National Bank, but also to the commercial banks, many of them are AmCham members too,” opened the event the moderator.
Then, Olivier Marquette, AmCham Bulgaria President, addressed the audience with few words of compassion to the audience and their relatives are safe. “The second wave is coming, and we hope that we all be able to manage it so that everyone to be save. Despite these circumstances, AmCham Bulgaria was extremely active with webinars and institutional relations. This event with Governor Radev is another example of our reputation.”
Then the floor went to the key-note speaker. “It is a privilege to speak before you today. I am glad to speak about the ERM II and its impact on the Bulgarian economy and business,” said Dimitar Radev.
“The ERM II is a critical milestone towards joining to the euro area and adopting the euro. It is a convergence criterion for entry into the euro area. It has two main purposes. First, to ensure that exchange rate fluctuations between the euro and the national currencies do not disturb economic stability within the Single Market. Second, to help the non-euro area countries prepare themselves for the participation in the euro area.
By design the ERM II is not a complicated mechanism. It is based on an agreement between the Finance Ministers of the euro area member states, the ECB and the Finance Ministers and the central bank Governors of the non-euro area countries
Date(s) - 21/10/2020
2:00 pm - 3:30 pm
THE AMERICAN CHAMBER OF COMMERCE IN BULGARIA
is pleased to invite its members to an exclusive webinar with a guest speaker
GOVERNOR OF THE BULGARIAN NATIONAL BANK
Moderator: BOJIDAR NEYTCHEV,
AmCham Bulgaria Board Member and South East Europe Deals Leader, PwC
AmCham Members are invited to send questions in advance till October 18, COB.
Working language: English.
Kindly register up to three participants per company below until October 19th, 2020, noon. You will receive an e-mail with instructions on how to join the meeting and a link for access.
About the Keynote Speaker
Dimitar Radev is Governor of the Bulgarian National Bank elected by the 43rd National Assembly for a six-year term as of 15 July 2015. He is also Member of the General Council of the European Central Bank; Member of the General Board of the European Systemic Risk Board; and Governor for Bulgaria in the IMF;
Between 2006 – 2015 Mr. Radev is Senior Economist leading technical assistance missions in the area of public finance management at the Fiscal Affairs Department, International Monetary Fund;
Bojidar Neytchev is one of PwC’s senior partners in Central and Eastern Europe. He started working in PwC in 1994 and has been a partner in the company since 2004.
Bojidar has 26 years experience in advising clients on major private sector transactions as well as privatisations in the region, market entry and exit strategy analysis, restructuring, liquidation and turnaround services, as well as post-acquisition support.
Over the past two and a half decades, he founded or developed most of the PwC offices in South East Europe with acquisitions of competing companies and teams of specialists.
Bojidar is currently holding the role of SEE Deals Leader in PwC and he is a AmCham Bulgaria Board member.