Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

EU states back second term for IMF Chief Georgieva

Кристалина Георгиева
Photo: BTA
All 27 EU member states back Bulgaria's Kristalina Georgieva for a second term as head of the International Monetary Fund. The news was announced today by Belgian Deputy Prime Minister and Minister of Finance Vincent Van Peteghem after a meeting of EU economy and finance ministers in Brussels.

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.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Dobrudzha horo dances in the village of Branishte

The beginning of the eleventh “horotheque” in the village of Branishte near Dobrich will be set today at the local stadium, where a 50-meter flag will be raised. The Bulgarian flag will be twice as large as last year's, the mayor of..

published on 5/18/25 7:05 AM

Sunny Sunday with slightly higher temperatures

On Sunday it will be mostly sunny. The lowest temperatures will be between 4° and 9°C; in Sofia 3°-4°C. The highest temperatures will be between 18° and 23°C, in Sofia – around 19°C. In the mountains it will be mostly..

published on 5/17/25 7:00 PM

Thousands of Sofia citizens support introduction of “Virtues and Religions” in schools

A crowded procession in support of the introduction of the subject “Virtues and Religions” in schools took place in the center of Sofia. It was organized by civil organizations with the blessing of the Holy Synod. At the..

published on 5/17/25 4:14 PM