Chairperson of the Budget and Finance Parliamentary Committee Menda Stoyanova said Bulgaria may find itself in a situation where it will have to declare a moratorium on the debt payments which is a very bad scenario. Stoyanova made this announcement with regard to the ratification of three documents linked with bonds issuance to the tune of EUR 8 billion. She explained that the country may reach a state of moratorium, if the Parliament fails to vote the necessary bank agreement. In her words, Bulgaria can not appear on the foreign markets without such agreement, which poses a serious risk over the country’s debt payments. In 2015 Bulgaria can take EUR 3.5 billion out of all EUR 8 billion, Menda Stoyanova specified, adding that the banks under this agreement are in fact dealers which are to organize the issuing and look for the suitable investors who can offer the most favorable conditions to Bulgaria.
The lowest temperatures on Monday will range from 9°C to 12°C, for Sofia 9°C. It will be mostly sunny during the day. Clouds will form in Northeastern Bulgaria with a chance of rain in the afternoon hours. Daytime highs will range from 20°C to..
NATO Secretary General Jens Stoltenberg has arrived in Sofia. On May 27, he will address the Spring Session of the NATO Parliamentary Assembly which is taking place in the Bulgarian capital. NATO Parliamentary Assembly President Michal..
The Ministry of Interior has been working in cooperation with the Ministry of E-Governance and the Central Election Commission to make sure that there is no interference in the forthcoming elections on June 9, caretaker Minister of Interior Kalin..
Ten percent more tourists are expected to visit Bulgaria this year compared to 2023 , confirmed the forecast of the caretaker minister of marketing and..
The weather on Sunday will be sunny. In the afternoon there will be cumulus clouds over the western half of the country, but it will remain almost..
Bulgaria will continue to be a reliable supplier of energy resources to Hungary, President Rumen Radev said after a meeting with his Hungarian..
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