The Executive Board of the International Monetary Fund has selected Bulgarian Kristalina Georgieva as Managing Director of the IMF. The mandate is the 12th since the founding of the financial institution back in 1944 and starts officially on October 1st. In a statement Georgieva said that her immediate priority would be to help countries minimize the risk of crises and be prepared to deal with crises. The IMF's long-term goal under her leadership will be to support sound monetary, fiscal and structural policies that are to build stronger economies and improve people's lives. In order to safeguard the Fund's financial strength, the new management would enhance its oversight and capacity development efforts.
President Rumen Radev has returned for new discussion in the National Assembly the amendments to the State Agency for National Security (SANS) Act, adopted on October 2 this year, which assign the power to appoint or dismiss the chairman of the agency..
On Wednesday, the lowest temperatures will range between 6°C and 11°C, around 7°C in Sofia. Cloud cover will remain significant over most of the country, with rain showers in parts of Eastern Bulgaria and the mountains, more intense in the Rhodope..
In its new World Economic Outlook report, the IMF has raised its forecasts for Bulgarian economic growth this year and next, compared to its estimates from April. At the same time, IMF expects increase in inflation, as well as a decrease in the..
Bulgarian President Rumen Radev has announced that as of October 20 this year he will travel to work in his personal car. “When a law is being adopted..
The government of South Africa is introducing a visa-free regime for Bulgarian citizens holding ordinary passports for stays of up to 90 days , the..
Two more F-16 Block 70 aircraft are expected to arrive in Bulgaria very soon. This was announced by the commander of the Air Force, Major General..
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