The Executive Board of the International Monetary Fund has selected Bulgarian Kristalina Georgieva as Managing Director of the IMF. The mandate is the 12th since the founding of the financial institution back in 1944 and starts officially on October 1st. In a statement Georgieva said that her immediate priority would be to help countries minimize the risk of crises and be prepared to deal with crises. The IMF's long-term goal under her leadership will be to support sound monetary, fiscal and structural policies that are to build stronger economies and improve people's lives. In order to safeguard the Fund's financial strength, the new management would enhance its oversight and capacity development efforts.
On Saturday , the lowest temperatures will be between 3 and 8°C; at the Black Sea coast up to 10°C. In Sofia it will be around 3°C. During the day it will be sunny with scattered high clouds. Before noon there will be fog in the..
The National Assembly has temporarily banned the export and intra-EU delivery of petroleum products, mainly diesel and aviation fuel. The decision was approved with 135 votes in favour, 4 against, and 42 abstentions, following a proposal submitted by..
Passenger rail transport in the EU grew by 5.8% in 2024, according to data published today by Eurostat. Last year, trains carried a total of 443 billion passenger-kilometres, the highest level recorded since the start of Eurostat’s observations in 2004...
The Russian oil company Lukoil has announced that it has accepted an offer from the Swiss Gunvor Group to acquire the international assets of LUKOIL..
The National Assembly has rejected President Rumen Radev's veto on changes to the State Intelligence Agency Act (SIA) and the State Agency Technical..
Bulgaria has a higher share of women in science, technology, engineering and mathematics (STEM) fields than the European Union average, according to a..
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