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.
Sofia Municipality declared that it would mobilize all its resources for the smooth conduct of the matriculation exams for high school graduates on May 21 and 23, Mayor Vasil Terziev announced on his Facebook page. Sofia remains..
Regarding the intention stated by President Rumen Radev to refer the matter to the Constitutional Court, Vice President Iliana Iotova told journalists that she would in no way prejudge the decision of one of the most authoritative..
A national protest against the introduction of the euro and demanding the resignation of the government will be held on May 31, it became clear at a public discussion on the topic "How to save the lev" in Hall 1 of the National..
For a fourth day in a row, the Bulgarian capital remains without surface public transport , as its workers do not get the requested..
We are helping North Macedonia and Serbia because of the breakdowns in their energy systems, Bulgaria’s Minister of Energy Zhecho Stankov announced at..
Bulgaria continues to support Ukraine's efforts to establish a just and lasting peace, Prime Minister Rosen Zhelyazkov said at a..
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