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Bulgarian economist selected as new leader of IMF

WorldNews Wednesday, 25 September 2019
Bulgarian economist selected as new leader of IMFWASHINGTON (AP) — A Bulgarian economist who grew up when her country was a communist nation has been selected to be the next leader of one of capitalism's premier institutions, the 189-nation International Monetary Fund. Kristalina Georgieva, a top World Bank official, was chosen by the IMF's executive board on Wednesday to become the IMF's managing director. She succeeds Christine Lagarde who is stepping down to take over as head of the European Central Bank. The IMF is the world's lender of last...
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News video: Bulgarian economist named new IMF chief

Bulgarian economist named new IMF chief 01:30

Bulgaria's Kristalina Georgieva is the new head of the International Monetary Fund, making her the crisis lender's first boss from an emerging market economy. Julian Satterthwaite reports.

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