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.
Bulgarian citizens with criminal charges will be deported from the UK without the right to appeal the decision before expulsion . Bulgaria is among 15 countries added to a system called "Deportation Now, Appeal Later", BNR Horizont reported...
The Holy Trinity Bulgarian Orthodox Church in Madison, Illinois, is hosting the Sixth Annual Bulgarian Festival and invites the local Bulgarian community to join in the celebration. The event will take place on Sunday, September 28, from 12:00 p.m. to..
The prices of several essential foods increased last week . Items such as pork, yoghurt, cheese, oil, and certain fruits and vegetables—including tomatoes and cucumbers—became more expensive. As a result, the consumer basket rose by 1 lev (0.51 euro),..
For the first 7 months of 2025, compared to the same period in 2024, electricity exports from Bulgaria have been growing. This was..
President Rumen Radev has returned amendments to the State Property Act to Parliament for further discussion, the President’s press office announced. The..
The Holy Trinity Bulgarian Orthodox Church in Madison, Illinois, is hosting the Sixth Annual Bulgarian Festival and invites the local Bulgarian community..
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