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.
Experts from the Ministry of Transport and Communications are proposing the division of Bulgarian State Railways (BDZ) into three lots. According to them, this is a first step toward a more efficient and modern railway transport system, reported..
The flu season is expected to peak at the end of December and the beginning of January. In an interview with BNT, general practitioner Dr. Gergana Nikolova clarified that there are currently isolated positive cases of influenza. COVID-19 also..
The Bulgarian Antarctic base "St. Kliment Ohridski" officially opened its doors on the eve of its patron saint's day . The members of the Bulgarian Antarctic expedition, led by Professor Hristo Pimpirev, set foot on the snowy shores of Livingston..
According to unofficial information, the Hungarian Presidency of the Council of the EU has drafted a decision for the full admission of Bulgaria and..
The number of crimes committed in the conditions of domestic violence has gone up by 54% since the beginning of the year compared to last year, the..
The first marble statue discovered in the ancient city of Heraclea Sintica on 3 July, is probably of Lucius – grandson of Roman Emperor Octavian..
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