Russia supports the nomination of Kristalina Georgieva for head of the International Monetary Fund, IMF.
“Russia has a positive attitude towards the nomination of Georgieva and will be ready to support her during the voting,” reads a statement by the Russian Finance Ministry, and adds that for the first time in the 75-year long history of the IMF it is possible that the Fund will be headed by a representative of a country whose economy is described as an “emerging market”.
“Georgieva is a brilliant diplomat, a fully trained economist, a competent and highly professional financier. In a situation of growing protectionism in the global economy, her experience in solving problems of development will be more useful than ever,” the Russian Finance Ministry statement reads.
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European Parliament. All activities were transparent and within the deadlines set, the caretaker cabinet with..
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their support,” Ivelin Mihaylov, one of the founders of Velichie party said for the BNR. GERB-SDS..
In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in..
Bulgaria’s national team of mathematics put up an excellent performance at the Junior Balkan Mathematical Olympiad. Six Bulgarian students returned from..
The first joint operation of the newly formed Mine Counter Measures Task Group Black Sea involving Bulgaria, Turkey and Romania is to take place July..
On Tuesday the weather will be sunny and hot over most of the country. Clouds will form over Western and Central Bulgaria in the afternoon and there..
Partly cloudy, chance of rain
Mostly Cloudy
sunshine, cloud, rain and thunder