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The European Parliament has voted Christine Lagarde's nomination as President of the European Central Bank.
Lawmakers voted 394 in favour, 206 against and with 49 abstentions in the parliament’s plenary in Strasbourg.
The approval of Lagarde's nomination is uncertain, as the final decision on her appointment is taken by the European Council.
Christine Lagarde is due to succeed the current chairman, Mario Draghi, on November 1st.
Until recently, Lagarde was the head of the International Monetary Fund, headed by another woman, Bulgaria's Kristalina Georgieva.
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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
The European Parliament has approved the EU's inaugural directive aimed at regulating the employment rights of individuals working through online platforms
As the Hungarian forint experiences volatility, German investors are increasingly advocating for Hungary to adopt the euro, reaching the highest level of support in over a decade
Eurostat data indicates that Greece (161.9%), Italy (137.3%), France (110.6%), Spain (107.7%), and Belgium reported the highest public debt-to-GDP ratios among EU member states by the conclusion of 2023
Concerns are mounting within the European Parliament regarding potential Russian interference in the forthcoming parliamentary elections, coupled with apprehensions surrounding Russian-owned properties in Bulgaria
A dire situation looms over European airspace as thousands of passenger planes, predominantly ferrying tourists, find themselves ensnared in a perilous web of Russian jamming attacks, leaving them disoriented and vulnerable mid-flight.
In a significant affirmation of Bulgaria's path towards Eurozone accession, European Commissioner for Economy Paolo Gentiloni has confirmed the European Commission's support for Bulgaria's admission to the Eurozone in 2025
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
