The unanimous backing is a “clear sign of the trust that we have in Kristalina”, who has “showed stronger leadership in the last couple of years, especially during unprecedented crisis", Belgian finance minister Vincent Van Peteghem told reporters.
Traditionally, the post of managing director of the IMF is occupied by a representative of Europe, while that of the World Bank - by a United States' representative. Support at European level is therefore key to the nomination. The final decision is taken by the Fund's Board of Executive Directors, which is made up of 24 members representing the votes of individual member countries.
During the Agriculture and Fisheries Council meeting in Luxembourg, Bulgaria and the other 26 EU Member States supported the request that the future Common Agricultural Policy after 2027 should resolve the issue of unfair..
Writer Christine Loenens will present her latest novel "In Amber's Wake". The meeting is today at 19.00 in Sofia's "Central Halls". Christine Loenens who has dual New Zealand and Belgian citizenship is the author of 4 novels..
Deputy Prime Minister and Finance Minister Lyudmila Petkova is attending the regular annual meetings of the Boards of Governors of the World Bank Group and the International Monetary Fund (IMF) in Washington, USA. The Bulgarian delegation includes the..
BGN 1,454 (EUR 738) per month is needed for a working person to be self-sufficient and live according to Bulgarian standards. For a family of three,..
Cows locked in a lorry have been stranded for six days in the buffer zone between the Kapitan Andreevo and Kapikule border crossings. Two of the..
Bulgaria is hosting the annual meeting of the ECTAA - European Travel Agents' and Tour Operators' Association - the largest event of the institution that..
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