As of today Kristalina Georgieva is taking over as Interim President of the World Bank until the spring when a new president will be elected.
The World Bank has always been headed by American citizens. When Jim Yong Kim stepped down to join the private sector, there was speculation that he would be replaced by Ivanka Trump. It was later announced that the daughter of US President Donald Trump would take part in the election process of the new World Bank President.
The ruling parties GERB-SDS, BSP-United Left and ITN signed an annex to their coalition agreement, specifying the rules for the rotation of the Speaker of Parliament. The new mechanism provides for each of the three political formations to nominate its..
More and more Bulgarians fear about the future security of their finances . This is shown by a survey by the sociological agency "Measure", conducted between October 5 and 13, 2025 among 801 adult Bulgarian citizens. Almost 60% of workers in..
The necessary net monthly income for subsistence for a worker living alone in September 2025 is 1,547 leva (748 euros) . For a three-member family with a child under 14, 2,785 leva (1,346 euros) are needed. This was announced by Violeta Ivanova, deputy..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
On Tuesday , the lowest temperatures will be between 3 and 8°C; in Sofia – about 4°C. During the day before noon cloudiness will be..
Partly Cloudy