Russia supports the nomination of Kristalina Georgieva for head of the International Monetary Fund, IMF.
“Russia has a positive attitude towards the nomination of Georgieva and will be ready to support her during the voting,” reads a statement by the Russian Finance Ministry, and adds that for the first time in the 75-year long history of the IMF it is possible that the Fund will be headed by a representative of a country whose economy is described as an “emerging market”.
“Georgieva is a brilliant diplomat, a fully trained economist, a competent and highly professional financier. In a situation of growing protectionism in the global economy, her experience in solving problems of development will be more useful than ever,” the Russian Finance Ministry statement reads.
The Ministry of Finance published the 2025 draft budget and the medium-term budget forecast for the 2025-2028 period. The projected deficit for 2025 is up to 6.4 billion BGN (EUR 3.3 billion), which is 3% of GDP. Expenditures will not exceed 40% of..
A commemorative ceremony today in the center of Sofia will mark the 152nd anniversary of the death of Bulgarian national hero Vasil Levski. The solemn ceremony in front of the Monument to the Apostle of Freedom will begin at 6:00 p.m. Citizens will..
On Wednesday, the lowest temperatures will range between minus 8°C and minus 3°C, for Sofia around minus 7°C . During the day, snow showers in the northeastern regions will begin to stop, but in southeastern Bulgaria it will still snow in many places...
The Vazrazhdane parliamentary party is organizing a protest on February 22 in front of the Bulgarian National Bank against Bulgaria's entry into the..
The agriculture sector in Bulgaria maintains its stability, providing employment to 6% of the population and forming about 4% of the country's GDP. This..
On Wednesday, the lowest temperatures will range between minus 8°C and minus 3°C, for Sofia around minus 7°C . During the day, snow showers in the..
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