On Twitter, Kristalina Georgieva has thanked the Bulgarian government and Prime Minister Boyko Borissov for the support of her nomination for the position of chief of the International Monetary Fund. The Bulgarian nominee received the support of the EU on Friday, after an intense 12-hour meeting of EU finance ministers. Traditionally, the election of a new IMF chief requires consensus of the 24-member Executive Board, in which all 189 IMF Member States are represented on a quota basis. The highest weight is given to the votes of the United States, Japan and China.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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