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Institutions in Bulgaria

GuideBG Briefs

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.

This compact guide aims to demystify the intricacies of Bulgarian politics, unpacking some historical events, evaluating the current political environment, and delving into policy issues.

A Guide to Bulgarian Politics

Essential details

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