Lilyana Pavlova is the new Vice-President and Member of the Management Committee of the European Investment Bank (EIB). She took up her duties on the 1st of November. She is the first Bulgarian national to join the EU bank's Management Committee.
Prior to her appointment, Lilyana Pavlova held various public functions in Bulgaria, both in government and parliament. She has been Member of the Bulgarian Government since 2009, starting as a Deputy Minister and then twice as Minister of Regional Development and Public Works (2011-2013 and 2014-2017), the first woman to hold this function in Bulgaria.
From May 2017 to December 2018, she was Minister for the Bulgarian Presidency of the Council of the European Union 2018, the first time that the country held the rotating presidency of the Council of the EU. As such, she was responsible for the preparatory phase and the running of the Bulgarian Presidency, establishing the national programme and priorities, policy coordination, as well as relations with EU institutions.
She was a Member of Parliament in 2013 and most recently, since January 2019, where she was a Member of the Parliamentary Permanent Committee on EU Affairs and Control of EU Funds and the Committee on Legal Affairs.
Lilyana Pavlova is a Doctor of Economics and holds a Master of Public Administration and European Integration and a Bachelor in International Economic Relations.
The unprecedented fallouts from the corona-pandemic have been met by an unparalleled global response. Central banks, national governments and international institutions everywhere have mobilized firepower to soften the blows to the economy, stabilize financial markets and mitigate adverse effects on jobs. In Europe, the pandemic has exposed the flaws in the EU’s economic architecture and the inadequacy of its existing policy toolkit to tackle the economic calamity. Discretionary fiscal responses were rolled out by national governments, alongside the ECB’s asset purchase programme, with the latter being the only supranational steppingstone firmly in place until the Macron-Merkel initiative offset a series of meaningful negotiations on a shared European rescue package, featuring a common European debt instrument. The call is open to put forth the cornerstones of national Recovery and Resilience strategies, a prerequisite to access the funds from the Facility. How are countries planning to allocate these funds to enable a deeper structural transformation of their economies, and how do these national strategies square with European strategic priorities? With green and digital twin transitions at the heart of the recovery, how can these plans reconcile thorough economic stabilization and the need to reset on a more sustainable and resource-efficient growth trajectory?