The unanimous backing is a “clear sign of the trust that we have in Kristalina”, who has “showed stronger leadership in the last couple of years, especially during unprecedented crisis", Belgian finance minister Vincent Van Peteghem told reporters.
Traditionally, the post of managing director of the IMF is occupied by a representative of Europe, while that of the World Bank - by a United States' representative. Support at European level is therefore key to the nomination. The final decision is taken by the Fund's Board of Executive Directors, which is made up of 24 members representing the votes of individual member countries.
"With bright minds like yours, pure hearts like yours and the ambition you possess, I am confident that our future is bright, harmonious and promising", said Prime Minister Rosen Zhelyazkov during an award ceremony honoring Bulgarian students who won..
The Sofia Municipality is already testing an experimental artificial intelligence assistant that supports the review of public procurement, the municipal press center announced. The goal is to make the process as transparent and impartial as..
On September 20, Valencia (Spain) will host one of the most significant culinary events in the world – the World Paella Day Cup. Bulgaria will have a representative in the competition for the second consecutive year. Kaloyan Kolev will demonstrate..
Regarding a video published on YouTube, the management of VMZ-Sopot - the largest state-owned military enterprise in Bulgaria, say that..
The vote on the fifth motion of no confidence against Prime Minister Rosen Zhelyazkov's government will take place on Thursday, September 18, at 4:45..
On Thursday, the lowest temperatures will be between 8 and 13°C; in Sofia – about 8°C. During the day, there will be variable..
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