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 question whether Supreme Judicial Council with expired mandate has the power to elect the Chief Prosecutor and the President of the Supreme Administrative Court must be clarified in the Constitutional Court. This position was..
Caretaker Minister of the Environment and Water, Petar Dimitrov, says he does not think there was a problem in the location of the air quality measuring stations. A week ago, in an interview with BNR, lawyer Dimitar Ploshtakov..
The number of victims of trafficking since the beginning of the year is 55, as 41 of the victims are women, Antoaneta Dimitrova from the National Commission for Combating Trafficking in Human Beings has reported. According to her, for..
Right before the two military pilots training for an air show crashed their plane in the critical seven seconds of the flight there was no communication..
A fire broke out in the Varna office of a party which was represented in the last National Assembly and which is contesting the forthcoming elections on 27..
According to a survey by Gallup International Balkan, one tenth of respondents admit that they would accept to vote in exchange for money, other..
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