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.
On Friday, the minimum temperatures in the country will be between 2 and 7°C, in Sofia - 1°C. Clouds will be significant, with broken clouds along the Danube. It will rain in the Rila-Rhodope area in the afternoon. Rain will cover southern Bulgaria by..
The National Assembly has approved the National Health Strategy 2030. The document sets out three main objectives: sustainable improvement of health and the living environment; ensuring health security and reducing inequalities; and efficient management..
The Sofia Court of Appeal has permanently remanded the former head of the National Customs Agency Petya Bankova and businessman Stefan Dimitrov in custody. The decision is not subject to appeal. National Customs Agency head Petya Bankova..
The MPs from the National Assembly Energy Committee have postponed by one year the full liberalization of the electricity marker. According to the..
Seventh-grader Kaloyan Geshev from the 125th High School "Boyan Penev" in Sofia became a three-time champion in mental calculation. He won first place..
President Rumen Radev did not say whether he would sign decrees for the replacement of two ministers – the Minister of Foreign Affairs and the Minister..
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