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.
Half of the companies from the Bulgarian Industrial Capital Association say that the tariffs on the import of commodities announced by US President Donald Trump are not going to affect their businesses directly. One-third of the employers..
The European Commission has set a date for the release of the ad-hoc convergence report evaluating Bulgaria's readiness to adopt the euro - June 4. The report will be released during the spring cycle of the European semester. The information..
MPs will vote today at 2:30 pm on the second vote of no confidence in the cabinet of Prime Minister Rosen Zhelyazkov. The motion was tabled by the MECH party with the support of Vazrazhdane and Velichie. This time the motivation for the proposed vote..
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