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Kristalina Georgieva. Photo by BGNES
Kristalina Georgieva has been nominated to become EU foreign policy chief "in an attempt to break the deadlock" over who will take the post, the Financial Times wrote Wednesday.
The outgoing Bulgarian Commissioner's candidacy was announced by the interim Prime Minister Georgi Bliznashki, the influential newspaper's website explains, hours after the new caretaker government took over from the previous cabinet.
The Financial Times attributes the uncertainty of her candidacy over the past weeks to "political infighting in Bulgaria", as the formerly ruling socialist party "wanted to block her".
Her nomination became possible after the government resigned, FT explains.
EU leaders failed to pick a successor to the current High Representative of the Union for Foreign Affairs and Security Policy, Catherine Ashton, in mid-July.
Federica Mogherini, previously described as likely to get the job.
Polish Foreign Minister Radoslav Sikorski, another nominee, saw his reputation tarnished by a bugging scandal in which he rebuked the importance of US-EU relations.
Though Georgieva's candidacy is "gaining momentum" in Brussels and she is "frequently tipped by diplomats as a favorite" for the post, other names such as that of Dutch Foreign Minister Frans Timmermans are also being considered, according to the report.
FT underlines that Georgieva is "one of the most effective members of Jose Manuel Barroso's European Commission".
Alongside other media outlets, it earlier described her as a consensus candidate.
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)
IMF Managing Director Kristalina Georgieva delivered a keynote address at the World Government Summit in Dubai, where she offered insights into the state of the global economy and shared her perspectives on various pressing issues
“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
Brazen Bulgarian gangs "terrorise the elderly and rob them over their life savings with increasingly aggressive phone scams nettling millions of euros," according to an AFP story.
The prospect of US President Donald Trump's moving closer to Russia has scrambled the strategy of "balancing East and West" used for decades by countries like Bulgaria, the New York Times says.
Bulgarians have benefited a lot from their EU membership, with incomes rising and Brussels overseeing politicians, according to a New York Times piece.
German businesses prefer to trade with Bulgaria rather than invest into the country, an article on DW Bulgaria's website argues.
The truth about Bulgaria and Moldova's presidential elections is "more complicated" and should not be reduced to pro-Russian candidates winning, the Economist says.
President-elect Rumen Radev "struck a chord with voters by attacking the status quo and stressing issues like national security and migration," AFP agency writes after the presidential vote on Sunday.
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