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.
Bulgaria and Vietnam should make the most of their strategic geographic positions – Vietnam in Southeast Asia and Bulgaria in Southeast Europe – acting as a gateway for goods and services from Asia to Europe , President Rumen Radev said on Thursday. He..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an open-source AI model that gives industrial robots 3D spatial intelligence . The technology is..
To Lam, the General Secretary of the Communist Party of Vietnam, is on an official visit to Bulgaria. He was welcomed at a ceremony in St. Alexander Nevsky Square by President Rumen Radev and his wife, Desislava Radeva, as reported by the Bulgarian..
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister..
On Friday, morning temperatures will range from 10 to 15°C, with 10°C in Sofia. Rain is expected in the western regions in the early hours. During the day,..
Saturday will start off with lows between 6°C and 11°C, dropping to around 6°C in Sofia. Skies will brighten for a time over northern Bulgaria before..
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