Ukraine Set to Receive $1.9 Billion Investment Boost from World Bank
The International Finance Corporation (IFC), a financial division of the World Bank, intends to invest 1.9 billion USD in projects in Ukraine over the next 18 months
The World Bank has expressed readiness to back the efforts of the Bulgarian government for integration of the Roma.
Peter Harold, Director for Central Europe and the Baltic at the World Bank has met in Sofia with Bulgaria's Deputy PM and Interior Minister Tsvetan Tsvetanov.
"As the Minister of Interior I am the most interested to solve the Roma issue since a number of the Roma, primarily people with low social status, deal with household robberies, and others participate in human trafficking," Tsvetanov said pointing out that in the last months the Interior has cracked down on illegal money lenders in Roma populated quarters.
Tsvetanov declared the most important thing is to have models for education and integration of the Roma.
According to Peter Harold, there are two areas in which the World Bank can help with Roma integration – with data and developed strategies and with mechanisms for carrying out outlined goals.
"Money has to go to the right place in order to produce effect," Harold said while vowing the World Bank's support for solving Bulgaria's problems with Roma integration.
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Barbara Leaf, the US Assistant Secretary of State for Middle East Affairs, criticized the Yemeni Houthis for their inhumane actions in capturing merchant ships, including the "Galaxy Leader"
In a testament to enduring friendship, this year marks the 75th anniversary of the establishment of diplomatic relations between Bulgaria and China
Italy has thrown its weight behind Bulgaria's bid for full-fledged membership in the Schengen area, affirming its steadfast support during Italian President Sergio Mattarella's two-day visit to Bulgaria
In a strategic move aimed at reinforcing Bulgaria's commitment to its European aspirations and tackling corruption, outgoing Prime Minister Nikolai Denkov held a crucial meeting with EU, Ukrainian, US, and British ambassadors
In a statement that underscores the United States' keen interest in Bulgaria's political landscape, US Ambassador Kenneth Merten expressed disappointment at the failure of negotiations to form a government in the country
Nathaniel Copsey has been appointed as the new British Ambassador to the Republic of Bulgaria, succeeding Rob Dixon, announced the British Embassy
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Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022