BIS Publishes Bulgarian National Bank Governor Radev's Statement on Taxes, Credit and Growth

What was published

The Bank for International Settlements (BIS) released a statement titled "On taxes, credit and growth" on 26 October 2026. The statement was made by Mr Dimitar Radev, Governor of the Bulgarian National Bank, in Sofia on 25 September 2026.

What the source tells us

The information available from the BIS is limited to the title, the speaker and the place and date of the statement. The title points to three themes: taxation, credit and economic growth. These are topics that sit at the intersection of fiscal conditions, financial conditions and the broader economy.

The announcement excerpt does not describe the content of the statement. It gives no details on specific policy measures, economic data, forecasts or any reference to interest rates or currency markets. For that reason, no conclusions can be drawn here about its implications for the Bulgarian economy or for financial markets. Readers who want the full argument should consult the complete text on the BIS website.

Why it matters for market watchers

Statements from central bank governors are commonly followed by market participants, as they can shed light on how policymakers view the economy. In this case, however, the available information does not allow any assessment of the tone or direction of the remarks.

Notes for EA trading

Speeches and statements by central bank officials can sometimes be followed by short periods of volatility, and spreads may widen around such events. Traders running automated strategies may wish to be aware of scheduled communications and consider whether to pause EAs around them. It is also sensible to review risk settings regularly and to check broker conditions during busy market hours.