On Twitter, Kristalina Georgieva has thanked the Bulgarian government and Prime Minister Boyko Borissov for the support of her nomination for the position of chief of the International Monetary Fund. The Bulgarian nominee received the support of the EU on Friday, after an intense 12-hour meeting of EU finance ministers. Traditionally, the election of a new IMF chief requires consensus of the 24-member Executive Board, in which all 189 IMF Member States are represented on a quota basis. The highest weight is given to the votes of the United States, Japan and China.
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that it would help the country maintain its strategic position in South East Europe. Accompanied by..
Bulgaria’s coalition parties have agreed to introduce a rotating chairmanship of the National Assembly. At today’s joint governance council meeting, members also discussed next year’s draft budget. Kostadin Angelov, Deputy Chairman of..
Google has donated an additional $1 million to the Institute for Artificial Intelligence and Computer Technologies (INSAIT) at Sofia University , bringing its total investment in the institute to over $6 million. According to the institute’s website,..
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 ,..
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that..
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