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.
Saturday will be sunny and hot. Clouds will form in the afternoon, and there may be brief showers in isolated places in the Eastern part of the country. Minimum temperatures 18-23° C., for Sofia 18° C. Maximum temperatures 35-40° C., for Sofia 35°..
On this day in 1991 the Seventh Grand National Assembly adopted the new Constitution of Bulgaria and dissolved itself, BTA recalls. This was the first new constitution in the former socialist camp, which came into effect the very next day, July 13. On..
The Bulgarian MPs have adopted regulations for the organization and activities of the National Assembly, BTA reported. The majority rejected the proposals of "Vazrazhdane" and ITN to have the MPs tested for drugs. ITN's proposal provided for the..
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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