The Executive Board of the International Monetary Fund has selected Bulgarian Kristalina Georgieva as Managing Director of the IMF. The mandate is the 12th since the founding of the financial institution back in 1944 and starts officially on October 1st. In a statement Georgieva said that her immediate priority would be to help countries minimize the risk of crises and be prepared to deal with crises. The IMF's long-term goal under her leadership will be to support sound monetary, fiscal and structural policies that are to build stronger economies and improve people's lives. In order to safeguard the Fund's financial strength, the new management would enhance its oversight and capacity development efforts.
A draft decision by the Council of Ministers, published for discussion, envisages a poverty line of 638 Leva (a little over EUR 325). The poverty line for this year stands at 526 Leva (a little over EUR 268), or an increase of 21%. The proposal..
Pomorie on the Black Sea is, once again, inviting jazz and classic cars fans to the festival Anhialo Classic Cars & Jazz Fest , organized by Classic Car Pomorie, in partnership with the Motor Club Anhialo and Prosveta 1888 chitalishte..
Musicians from Australia and Great Britain will perform on July 13 in Veliko Tarnovo, on the "Art Summer" open stage next to the Boris Denev Art Gallery. The music of the band David Dower Trio combines jazz, rock and Bulgarian musical influences...
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..
“No towns or villages are at risk from the fires that have broken out around the country,” Chief Commissioner Alexander Dzhartov, Director of the..
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