As of today Kristalina Georgieva is taking over as Interim President of the World Bank until the spring when a new president will be elected.
The World Bank has always been headed by American citizens. When Jim Yong Kim stepped down to join the private sector, there was speculation that he would be replaced by Ivanka Trump. It was later announced that the daughter of US President Donald Trump would take part in the election process of the new World Bank President.
The European Commission has approved state aid amounting to EUR 142 million (BGN 278 million) to support the energy sector, BNR’s correspondent in Brussels reports. The money is being granted to alleviate part of the expenses of the companies which..
Army personnel and two helicopters from the 24 th air base at Krumovo have joined the efforts to extinguish a big fire in Mount Sredna Gora close to Pesnopoy village, Kaloyanovo municipality and Mihiltsi village, Hisarya municipality. The..
President Rumen Radev called for the processes of modernization of the navy to continue. On board the frigate Drazki in the Black Sea, the president, the Deputy Minister of Defence Radostin Iliev and the commander of the Bulgarian navy rear admiral..
Sunday will be sunny and hot. There will be a light, in the Eastern parts to moderate wind from the East-Northeast. Maximum temperatures 35-40° C.,..
Pomorie on the Black Sea is, once again, inviting jazz and classic cars fans to the festival Anhialo Classic Cars & Jazz Fest , organized..
Seven fires are burning in forest areas in the districts of Plovdiv, Haskovo, Kyustendil and Yambol, the Executive Forests Agency said. In..
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