About: Kristalina Georgieva
Scandal dents IMF chief’s image of integrity
The IMF Executive Board reaffirmed on Monday (11 October) its "full confidence" in the Washington-based crisis lender's chief, Kristalina Georgieva, keeping her on as managing director after she was hit with allegations of data tampering.
IMF board decision hangs over Georgieva as IMF-World Bank annual meetings begin
Data-rigging allegations against IMF Managing Director Kristalina Georgieva were set to loom over the opening of week-long IMF-World Bank annual meetings on Monday (11 October) as the Fund's executive board failed to conclude its review after yet another marathon meeting.
US Senators call for ‘full accountability’ in World Bank data controversy
The top Democrat and Republican on the US Senate Foreign Relations Committee have urged President Joe Biden to “ensure full accountability” over a World Bank data-rigging controversy that has embroiled International Monetary Fund chief Kristalina Georgieva. The panel’s chairman, Senator...
Georgieva pressured World Bank employees to favor China in report
World Bank leaders, including then-Chief Executive Kristalina Georgieva, applied "undue pressure" on staff to boost China's ranking in the bank's "Doing Business 2018" report, according to an independent investigation released Thursday (16 September).
IMF’s Georgieva: Kudos to Europe for the recovery fund
The managing director of the International Monetary Fund, Kristalina Georgieva, congratulated the EU for stepping up its collective response to the COVID-19 crisis with the proposed €750 billion recovery fund, but cautioned that the proposal will first have to survive “long nights of negotiations".
ECB will continue doing whatever is necessary to deliver on mandate, Lagarde says
European Central Bank chief Christine Lagarde has responded to a recent German court ruling that challenged the bank's authority by saying the ECB is an independent institution, accountable to the European Parliament, that will continue to do whatever it takes to deliver its mandate.
G20 leaders to inject $5 trillion into global economy in fight against coronavirus
Leaders of the Group of 20 major economies pledged on Thursday (26 March) to inject over $5 trillion into the global economy to limit job and income losses from the coronavirus and "do whatever it takes to overcome the pandemic."
As stock markets collapse, IMF calls for support for the coronavirus-infected economy
The International Monetary Fund called on governments worldwide Monday (9 March) to join forces and roll out aggressive financial supports for the coronavirus-infected global economy, including direct payments to workers and businesses.
G20 finance heads wrap up Riyadh meeting overshadowed by virus outbreak
Finance leaders of the world's top 20 economies wrapped up their two-day meeting on Sunday (23 February) in Riyadh that was dominated by growing concern over the widening fallout from the coronavirus outbreak.
IMF warns of the risk of central banks’ ‘cheap money’
The monetary stimulus has been one of the main engines of growth over the past years, but continuing with the supply of 'cheap money' could hurt low-income countries, fuel risky investments and affect savers, warned the IMF on Friday (24 January).
Davos 2020 diary – day #5
Welcome to Davos where the 50th edition of the World Economic Forum (WEF) is taking place on 21-25 January. Throughout the week, EURACTIV gives you a glimpse into one of the world’s most exclusive conferences where political and business leaders meet every year to discuss global economic trends.
IMF warns EU-US tensions could impact global growth
Some “tentative signs of stabilisation” are appearing in the global economy, but despite the positive news the EU-US trade dispute represents a risk to the global output, the IMF warned on Tuesday (20 January).
Georgieva to be the first IMF chief from an emerging economy
Bulgarian economist Kristalina Georgieva is expected to be confirmed on Wednesday (25 September) as managing director of the International Monetary Fund, which would make her the first person from an emerging economy to head the global lender.
IMF executive board recommends scrapping age limit for Georgieva
The International Monetary Fund said on Wednesday (21 August) its executive board recommended the removal of the age limit for its managing director, a move needed for European nominee Kristalina Georgieva to be approved for the job.
EPP source: Georgieva is backed by Orban, cannot be next EU Commission chief
The debate within the center-right European People’s Party (EPP) over the next European Commission boss has heated up following the last EU Council, in which EPP Spitzenkandidat Manfred Weber did not ensure a majority.
Gender balance becomes paramount in race for top EU jobs
Initial battle lines were drawn between member states over who will replace Jean-Claude Juncker as European Commission President on Tuesday (28 May) as EU leaders met to discuss “no names, just process”, in preparation for a decisive summit in June.
Sánchez and Macron open the top EU jobs talk
Spain’s Prime Minister Pedro Sánchez will meet with French President Emmanuel Macron in Paris on Monday (27 May) and is expected to lobby for several socialist and social-democrat candidates for EU top jobs, as member states and political groups start jockeying for position.
World Bank’s Georgieva: Venezuela needs tens of billions of dollars
As the Venezuelan crisis unfolds, the World Bank is ready to act as soon as its members give the green light, said the institution's new interim president, Kristalina Georgieva. In an interview with EURACTIV.com, she estimated that the financial needs to cover would be around tens of billions of dollars.
Carbon pricing and digital tax find traction in Davos
Business leaders and decision makers agreed during last week's World Economic Forum in Davos that new taxes, including carbon pricing or a digital levy, would not only achieve a fairer economic model but would also help to fight climate change and deal with the ageing population.
Gabriel confirmed as new EU digital chief
Mariya Gabriel was confirmed Tuesday (4 July) as the next EU digital Commissioner and will become the youngest person ever to take on a top Commission post.
Tech industry relieved there will be new digital Commissioner after lengthy gap
The tech industry is relieved that Bulgaria's nominee for Commissioner will oversee digital policies, filling a gap left open for four months after Günther Oettinger transferred to the budget post.
Bulgaria finally nominates new Commissioner
Bulgaria has finally nominated a candidate to replace Kristalina Georgieva as its European Commissioner, following a four month gap where the country went unrepresented.
Bulgaria to set record for Commission vacancy
Bulgaria's caretaker government will not nominate a Commissioner to replace Kristalina Georgieva, which means that her position will not be filled before May, it became clear on Monday (30 January).