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.
Mobile operators will take urgent steps to improve mobile network coverage for the population in the village of Voden and several neighboring villages . This was decided at a meeting initiated by Prime Minister Dimitar Glavchev and Transport and..
Under the EU Civil Protection Mechanism, Spain has said it will send two aircraft, each with a capacity of around 6 tonnes, to help fight the wildfires in Bulgaria. It is likely that the flying machines will be able to join the extinguishing efforts as..
Bulgaria is actively working with Greece and Romania to secure EU funding for infrastructure projects to be used for both military and civilian purposes. This is what Bulgaria's Defence Minister Atanas Zapryanov explained to the MPs in Parliament..
The efforts to contain the wildfires in the border municipality of Bolyarovo continue. The partial state of emergency continues to be in place in 7..
On Sunday a cold front will sweep across the country from West to East. There will be clouds and, in the afternoon, brief showers, thunderstorms and..
“For us this election has to be the last for the coming years. No more compromises with the people, with society or with the political system should..
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