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.
The cabinet headed by Rosen Zhelyazkov survived the second vote of no confidence. It was submitted by the MECH party, with the support of "Vazrazhdane" and "Velichie" parties due to its failure to deal with corruption. MECH files vote of no..
In July, it will become completely clear whether Bulgaria will join the eurozone on January 1, 2026. This was stated in an interview with the Bulgarian National Radio by Deputy Minister of Finance Metodi Metodiev. The two reports on the assessment..
Bulgaria does not impose additional conditions on the process and negotiations of the Republic of North Macedonia with the EU, said Vice President Iliana Iotova at the opening of the “EU meets the Balkans” forum in Sofia. The forum is atte nded..
For the first time, a unique collection of Western European textile panels (tapestries) is on display at the National Gallery – Square 500. The..
When carrying out border control and compensatory measures, Border Police officers also carry out checks in the automated information..
During the night, the cloud cover will break and decrease. There will still be light rain showers in some places in the southern..
Partly Cloudy