Born on Dec. 18, 1948 in Svishtov, Lovech district. Not married.
Graduated in Foreign Economic Relations from the University for National and World Economy in Sofia 1972.
Not affiliated with any party. Expert, chief expert and head of department in the Ministry of Finance 1972-92. Deputy Minister of Finance Dec. 1992-Feb. 1997.
Minister of Finance since Feb. 1997.