US Treasury

The IMF's Board has Confirmed that it has Full Confidence in Kristalina Georgieva

The International Monetary Fund's (IMF) Governing Council has confirmed that it has full confidence in Managing Director Kristalina Georgieva, after examining allegations that during her time at the World Bank she pressured experts to change data in a way that would benefit China. , world agencies reported.

US Senators with a Letter to President Biden Regarding Kristalina Georgieva

Senior US senators have called for "full accountability" in the World Bank case involving Kristalina Georgieva.

The chairman of the Senate Foreign Relations Committee, Democrat Robert Menendez, and James Rich, who is the highest-ranking Republican on the committee, sent a letter to President Joe Biden.

Christos Staikouras in Brussels

The Minister of Finance, Mr. Christos Staikouras, is going to Brussels today, in order to participate in the Eurogroup meeting and a day later in the Ecofin meeting.

At tomorrow 's Eurogroup, Eurozone Finance Ministers will discuss the Eurozone' s fiscal course and prospects, focusing on next year.

Bulgaria Blacklists Companies, Individuals After US Graft Sanctions

Vassil Bojkov, oligarch in exile and head of the Bulgarian Summer party. Source: Facebook/VassilKrumovBojkov.

The Finance Ministry said the companies and individuals might be affected in the near future by the US's Global Magnitsky Human Rights Accountability Act, which freezes the assets of people linked to corruption and human rights abuses and bars them from entering the US.

Bulgarian Politics Shaken by Unprecedented US Sanctions

Bulgarian media mogul and MP from the centrist Movement for Rights and Freedoms, Delyan Peevski, during a meeting at parliament in Sofia, May 2013. Photo: EPA/STR.

The first man named is oligarch-in-exile, art dealer and former football and gambling boss Vassil Bojkov, alias The Skull, who fled the country to Dubai in January 2020 amid numerous charges.

US Intelligence Accuses Russia of Cyber-hacking

US intelligence agencies have said they believe Russia was behind the "serious" cyber compromise revealed in December.

In a joint statement, the intelligence bodies say they currently believe fewer than 10 US government agencies saw their data compromised, although other organisations and private companies outside of government were also affected.