IMF Managing Director Kristalina Georgieva has been asked to provide explanations by her former employer, the World Bank, over putting pressure on staff to inflate data on China.
According to an independent report by law firm WilmerHale commissioned by the World Bank, executives including the Bulgarian exerted pressure to raise the rating of the Chinese economy in the Doing Business ranking of 2018. That is how, instead of 85th, China ranked 78th.
The investigation also points to manipulations regarding Saudi Arabia's rating last year. The same report also claims that former Finance Minister Simeon Djankov played a key role in the scandals as an adviser. Kristalina Georgieva commented that she did not agree with the findings. She is expected to provide explanations about the World Bank report at an IMF meeting today.
Sunday will be mostly cloudy. Rain is expected in the Danube plain. In the Balkans - light snow. Daytime temperatures will fall with a minimum between minus 3° and 2°, in Sofia - around 0°, and a maximum of 3-5°C in the northeastern half of the country..
The scriptwriters, authors and playwrights of the Bulgarian Association of Film, Television and Radio Screenwriters have condemned the aggression against spectators, actors, authors and staff of the Ivan Vazov National Theatre. In an open letter, they..
It is obvious that there is something wrong with the way the elections were held , Vice President Iliana Iotova told BNT. A few days ago, she described the newly elected 51st National Assembly as "illegitimate" because of the many signals of violations..
A second night of protests took place outside the Ivan Vazov National Theatre in Sofia, but this time there were no physical confrontations. The protest..
There Is such a People (ITN) has collected 67 signatures and are submitting a complaint to the Constitutional Court for the partial annulment of the..
It is obvious that there is something wrong with the way the elections were held , Vice President Iliana Iotova told BNT. A few days ago, she described..
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