Skip to content. | Skip to navigation

Personal tools
Sections
You are here: Home Breaking news Bulgaria names World Bank official as new EU candidate

Bulgaria names World Bank official as new EU candidate

19 January 2010, 14:07 CET
— filed under: , , ,

(SOFIA) - Kristalina Georgieva, a World Bank vice president, was named as Bulgaria's new candidate for a top job at the EU Commission Tuesday, after the original nominee was forced to pull out.

Georgieva is Sofia's candidate for the position of European aid commissioner now that Foreign Minister Ruminia Jeleva has withdrawn her bid following controversy over her suitability for the role.

Georgieva, 56, joined the World Bank in 1993 and has held a number of technical and managerial positions there since, with particular focus on environmental and sustainable development issues.

World Bank President Robert Zoellick personally picked Georgieva as his vice-president and corporate secretary in March 2008.

Since Boyko Borisov's right-wing administration took office last July, Georgieva has been a close advisor to the Bulgarian prime minister on financial issues.

She is fluent in English, French, Russian and Serbian, holds a doctorate in economics and a masters degree in political economics and sociology from the University of National and World Economy in Sofia.

She also undertook postgraduate research and studies in natural resource economics and environmental policy at the London School of Economics and the Massachusetts Institute of Technology.

Georgieva's nomination was seen by observers as an attempt to clean Bulgaria's image after allegations of financial irregularities and incompetency forced Jeleva to withdraw.

Text and Picture Copyright 2010 AFP. All other Copyright 2010 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable.




Document Actions
Newsletters

EUbusiness Week 561
The European Commission is proposing to simplify the rules which govern access to EU funding for smaller companies (SMEs).

The week's EU diary
This week, the EU-China summit takes place in Beijing; ministers debate the trans-European energy infrastructure; the Commission debates the future of pensions in Europe; and Euro-MPs are set to save the food aid programme for needy citizens.

Week Ahead

Past newsletters

Partnership

Your channel to EUbusiness.com's global audience of business professionals