The International Monetary Fund has announced that its executive board has recommended removing the age limit for its managing director, a move needed for the EU’s nominee Kristalina Georgieva to be approved for the job.
The 24-member executive board of the IMF recommended that the change be approved by the IMF board of governors, which includes representatives of all 189 member countries.
Current IMF rules require that managing directors be under 65 at the time they take office and cannot serve past 70. Georgieva, who has taken a leave of absence as the World Bank’s chief executive officer, turned 66 last week.
Clouds will break over the western half of the country overnigh t, becoming mostly clear, while rain will continue to fall over the east. Friday will be mostly sunny. There will be light winds, mainly from the north. Minimum temperatures will be between..
Prime Minister Dimitar Glavchev and Deputy Foreign Minister Ivan Kondov met at the Council of Ministers with relatives of the Bulgarian sailors on board the hijacked ship Galaxy Leader, where Glavchev assured that efforts to secure their release were..
The Bulgarian Parliament has finally postponed the liberalisation of the energy market for one year, starting from 1 July. The decision was taken with 152 votes in favour - of GERB-CDS, MRF, Vazrazhdane, "BSP for Bulgaria" and ITN. 35 PP-DB MPs..
MEPs are concerned about Russian interference in the upcoming elections on June 9, and the properties on the territory of Bulgaria currently owned by..
On Thursday , a cold atmospheric front will pass through the country. It will be rainy with thunders over the whole of Bulgaria. There..
Members of Parliament observed a minute of silence to honor the victims of the Armenian Genocide in the Ottoman Empire (1915-1916). April 24 was..
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