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Prevention is critical, it pays for itself and it is good for the European taxpayers, said Bulgaria’s EC Humanitarian Aid Designate Kristalina Georgieva during her confirmation hearing at the European Parliament.
Georgieva recalled a project that she did in her capacity of World Bank Director in Russia, under which the they hydro-meteorological project of the country had to be financed.
“We estimated that for every USD 1 invested in prevention, we had USD 16 benefit,” she said.
Asked about the situation in Congo, she said:
“If we have used all avenues of dialogue, we need to call it quits,” she said.
Georgieva reiterated that she will seek the help of the European Parliament and “will count on its wisdom”.
Bulgaria named World Bank official Kristalina Georgieva to replace Rumiana Jeleva, who withdrew her candidacy for the post of EU commissioner for humanitarian aid after politicians accused her of incompetence and dubious business practices.
Bulgaria is gearing up to nominate Kristalina Georgieva for a second term as the head of the International Monetary Fund (IMF), according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB)
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“The International Monetary Fund (IMF) is working closely with Ukraine on how to implement the best measures to manage the crisis to prevent its economic collapse”, said Kristalina Georgieva, the fund's managing director.
The managing director of the International Monetary Fund, Kristalina Georgieva, said there were two reasons for the slowdown in the global economic recovery.
The spread of the Omicron variant of the coronavirus could lead to a slowdown in the recovery of the world economy, said today the managing director of the International Monetary Fund (IMF) Kristalina Georgieva, quoted by Reuters.
Adapting to the rapidly deteriorating effects of climate change will require not only more funds for infrastructure, crops and other systems, but also much faster reduction of greenhouse gas emissions
Bulgaria's Minister of Defense Todor Tagarev admitted the possibility that an explosive device might have been planted on board the crashed plane in which Yevgeny Prigozhin was traveling
The European Commission has announced that it is preparing criminal proceedings against Bulgaria, Cyprus, Greece, Malta, and Portugal for incorrect application of the rules on the exchange of data on criminal records and the establishment of the relevant
The European Commission has started an evaluation of the Plan for Reconstruction and Development of Bulgaria, said the spokesman of the European Commission Eric Mamer. The document was submitted to the Commission on 15 October.
58% of Bulgarians do not support the introduction of the euro as the official currency in the country. This shows a study prepared by Trend agency specifically for the financial forum NEXT DIFI 2021, organized by b2b Media for the fifth year. The data dur
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