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.
Lawyers from across the country have announced that they will gather at noon today for a peaceful protest in front of the Sofia Court House building to express their opposition to the way the election of the Prosecutor General is being conducted...
On Friday morning , there will be fog near the water basins and frost will form in some places. It will be mostly sunny during the day. The lowest temperatures will be between minus 1° and 6°C; in Sofia – about 2°C. The highest will..
The popular travel guide "Lonely Planet" has ranked the Bulgarian resort of Bansko among the best places to visit next year in its guide "Best in Travel 2025" , BTA reported. The platform describes Bansko as a "small town tucked among the peaks of..
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..
Partly Cloudy
Clear