Kristalina Georgieva

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), stated at the Asia-Pacific Economic Cooperation (APEC) summit in Lima, Peru, on November 15 and 16 that inflation is decreasing across the US, Europe, and Asia. She noted that this reduction has occurred without triggering a recession, unlike previous inflation spikes.

The strong interest in Türkiye clearly shows that the economic program is progressing on the right track, Finance Minister Mehmet Şimşek said, assessing his recent visit to the United States.

Finance Minister Mehmet Şimşek will be in the United States this week for G20 and World Bank meetings, and he is also expected to meet with investors during his visit.

Bulgaria still has a chance to join the Eurozone next year, according to Kristalina Georgieva, managing director of the International Monetary Fund. In her first television interview since the start of her second term, Georgieva told BNT that the country needs to address inflation by the end of the year, which remains the only unmet criterion for adopting the euro.

Politico reports that Ekaterina Zaharieva is likely to be assigned the role of European Commissioner for Crisis Management and Humanitarian Aid in the next European Commission. The publication notes that this prediction is based on well-founded assumptions, given that Bulgaria is not seeking any of the key positions.

Pedestrians walk on the newly built walkways in Addis Ababa, Ethiopia, on July 27, 2024.

The IMF executive board approved a new four-year loan program for Ethiopia on Monday worth around $3.4 billion in order to help support its economic reform agenda.

A meeting of finance ministers and central bankers from the G-20 countries kicks off today in Rio de Janeiro, as reported by BTA.

According to Reuters, Kristalina Georgieva, Director of the International Monetary Fund (IMF), has warned that artificial intelligence (AI) will impact a significant portion of the global job market in the near future. Specifically, she stated that within the next two years, AI will affect 60% of jobs in developed economies and 40% of all positions worldwide.

Greece was the pleasant surprise of the European economy that was often mentioned at the Spring Meetings of the International Monetary Fund (IMF) and World Bank Group (WBG), National Economy and Finance Minister Kostis Hatzidakis said on wrapping up his visit to Washington.

In a recent interview with BTA, Kristalina Georgieva, Managing Director of the IMF, emphasized the importance for Bulgaria to seize the opportunity to adopt the euro, stressing that it is achievable with the right political will.