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.
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1,300 refugees in Bulgaria will be trained under the Caritas project "Bulgarian language for people from all over the world". In an interview with BNR, the project's coordinator, Maria Teoharova, pointed out that the project is aimed at refugees who..
The Bulgarian Industrial Capital Association and the Bulgarian Association of Dairy Processors have raised concerns that the prices of basic food products in Bulgaria are higher than in Austria and Germany, where the standard of living is..
Experts from the Royal Netherlands Police are in Sofia for a series of trainings for their Bulgarian colleagues from the Border Police in the field of..
A photograph in the media of Minister of Labour and Social Policy Borislav Gutsanov (Bulgarian Socialist Party), MEP Kristian Vigenin (Bulgarian..
With 197 votes “for”, the National Assembly unanimously approved, at first reading, a full ban on the import, trade in, supply, distribution and sale,..
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