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.
Nearly 400 cases of pertussis (whooping cough) have been registered in the country. We are at the beginning of a nationwide epidemic, Chief State Health Inspector Angel Kunchev said for Nova TV. 70 new cases have been registered on Monday and Tuesday..
We Continue the Change - Democratic Bulgaria (PP-DB) submitted a request to Parliament for the resignation of National Assembly Speaker Rosen Zhelyazkov. The document was also signed by MPs from the parliamentary group of BSP for Bulgaria. ‘’We..
Debate on "Green energy, nature, agriculture - how to reconcile them sustainably?" will be held today in the National Assembly as the organizer is Green Laws Initiative. According to the organizers, the initiative to build renewable..
In 2021, the value added of the EU’s information and communication technology (ICT) sector was equivalent to 5.5% of the EU’s gross value added: 4.7%..
After 4 years of investigation, the Sofia City Prosecutor’s Office has submitted to court the indictment against former gambling mogul Vassil Bozhkov,..
On Wednesday minimum temperatures in the country will range from 7 to 12° C., for Sofia 9° C. During the day there will be sun, with clouds over the..
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