International Monetary Fund

Zelensky Develops New Peace Plan as Ukraine Gains IMF Support

Ukrainian President Volodymyr Zelensky has revealed his efforts towards formulating a new "diplomatic plan" aimed at resolving the ongoing war. He expressed confidence that the proposed plan will garner significant backing from the international community. Zelensky also announced the successful return of at least ten Ukrainian civilians who were held captive in Russia and Belarus.

IMF Director Georgieva: AI's Tsunami Effect on Employment

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.

Gov’t plans early repayment of eurozone bailout loans this year

The government plans an early repayment of up to €5 billion of bailout loans to eurozone countries this year, two government officials told Reuters on Tuesday.

The eurozone and the International Monetary Fund (IMF) lent Greece about €280 billion during the crisis on the condition that it impose tough austerity measures.

Kristalina Georgieva Secures Second Term as IMF Chief

Bulgaria's Kristalina Georgieva has been appointed for a second term at the helm of the International Monetary Fund (IMF). The Administrative Board of the IMF announced today that Georgieva's reappointment was reached "by consensus," a testament to her sterling reputation and the trust she has garnered from member nations.

Borissov Advocates for Voting Machines in Upcoming Elections

Amidst preparations for the forthcoming elections, Boyko Borissov, leader of Bulgaria's GERB party, has reiterated his commitment to advocating for the retention of voting machines as an option in the electoral process. Borissov made these remarks while speaking on the sidelines of parliament, emphasizing the importance of ensuring diverse voting methods for citizens.

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