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.
On Sunday, the weather will be mostly sunny with occasional increases in cloud cover, but little to no precipitation is expected. There will be a light to moderate northeasterly wind. Maximum temperatures will range between 28°C and 33°C, around 30°C..
The Day of the Unification of the Principality of Bulgaria and Eastern Rumelia was marked in front of the Mausoleum of Prince Alexander I Battenberg, with the participation of a ceremonial military unit from the National Guard, BGNES reported...
The Sofia City Court has received requests to alter the detention measures of Varna Mayor Blagomir Kotsev, former Deputy Mayor of Sofia Nikola Barbutov and businessman Petar Rafailov, the court's press office announced. Blagomir Kotsev was..
During the night, the weather will remain mostly clear with scattered high clouds. After midnight, low clouds or fog are expected to form over the far..
Firefighting teams, workers from the Rila Monastery Nature Park and volunteers joined efforts to extinguish a fire that broke out yesterday afternoon in..
Bulgaria will begin checks after Oct. 1 to ensure all government IT systems are ready to operate with the euro , e-Government Minister Valentin Mundrov..
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