Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

IMF head Kristalina Georgieva: 81 countries have requested assistance over COVID-19

The global economy may be in store for a more severe recession than in 2009, the managing director of the International Monetary Fund, Bulgaria's Kristalina Georgieva, stated. According to forecasts of the IMF,  recovery of the world economy is expected in 2021, but only if countries are able to control the spread of the coronavirus and limit economic damage. The main concern is the risk of a wave of bankruptcies and redundancies, which can undermine economic recovery and disrupt the fabric of our societies, Kristalina Georgieva said. 

So far, 81 countries have asked the IMF for assistance over the COVID-19 crisis. Georgieva stressed that the organization is ready to provide all of its $ 1 trillion credit resources to countries affected by the virus pandemic.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

A white fairy tale from Burgas!
Photo: Marina Kirova in the Facebook group

Frosty weather, subzero temperatures expected in almost all regions of Bulgaria on Thursday

On Thursday, the minimum temperatures in Bulgaria will be between minus 14 °C and minus 8°C. In Sofia, it will be around minus 12°C. The day will be sunny but frosty. The thermometer values ​​in most places will be negative. Before noon, there will be..

published on 2/19/25 7:05 PM

Bulgaria honors the memory of national hero Vasil Levski

With various events throughout the country Bulgarians are marking 152 years after the death of the Apostle of Bulgarian Freedom Vasil Levski. Today, at 6:00 p.m. a memorial ceremony in front of the monument to the Apostle of Freedom in Sofia takes..

published on 2/19/25 6:08 PM
Dimitar Radev

Request for extraordinary report on readiness for eurozone membership will be signed

BNB Governor Dimitar Radev will sign the request for an extraordinary convergence report on the fulfillment of the criteria for eurozone membership. This is clear from his response in an interview with BTA, in which Radev announced that the Central..

published on 2/19/25 5:33 PM