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 Monday, the lowest temperatures will range between 5°C and 10°C, around 5°C in Sofia. It will be mostly sunny in the morning, but around and after noon, cumulonimbus clouds will begin to form. Short showers are expected mainly in the mountain..
We are helping North Macedonia and Serbia because of the breakdowns in their energy systems, Bulgaria’s Minister of Energy Zhecho Stankov announced at an emergency briefing following widespread power outages in the Balkans. “In the early hours..
Bulgaria’s Premier Rosen Zhelyazkov congratulated Pope Leo XIV after his inauguration as the leader of the Catholic Church. Rosen Zhelyazkov wished Pope Leo XIV health, longevity and wisdom. The two had a brief conversation after the official..
For a fourth day in a row, the Bulgarian capital remains without surface public transport , as its workers do not get the requested..
Bulgaria continues to support Ukraine's efforts to establish a just and lasting peace, Prime Minister Rosen Zhelyazkov said at a..
We are helping North Macedonia and Serbia because of the breakdowns in their energy systems, Bulgaria’s Minister of Energy Zhecho Stankov announced at..
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