Institutions in Bulgaria

Several institutions play a vital role in Bulgaria. These include:

• The Bulgarian National Bank (BNB): The central bank of Bulgaria, responsible for setting monetary policy, issuing and regulating the country’s currency, and supervising the banking sector.
• The Financial Supervision Commission (FSC): A regulatory body responsible for ensuring the stability and integrity of the financial system in Bulgaria, including the banking and insurance sectors and capital markets.
• The Constitutional Court of Bulgaria: A high court responsible for interpreting and enforcing the Constitution of Bulgaria.
• The Supreme Court of Cassation: Bulgaria’s highest court of appeal, responsible for hearing appeals from lower courts and ensuring the uniform application of laws.
• The Supreme Administrative Court: Bulgaria’s highest administrative justice court, responsible for hearing appeals in administrative cases and ensuring the proper application of administrative law.
• The State Agency for National Security (SANS) is a national security agency responsible for protecting the state from internal and external threats and gathering intelligence.
• The State Agency for Child Protection: A government agency responsible for protecting Bulgaria’s children’s rights and interests.
• The Ombudsman: An independent institution responsible for protecting the rights and interests of citizens and ensuring the proper functioning of the state and its institutions.
• The National Audit Office: An independent body auditing the state’s and its institutions’ financial activities.
• The National Revenue Agency: A government agency responsible for collecting taxes and duties and enforcing tax laws in Bulgaria.