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.
Monday will be mostly sunny . There will be temporary increases in cloudiness over the western areas of the country. The wind will be light to moderate from the east-northeast. The lowest temperatures will be between minus 2° to 3°C,..
The presidential institution will host the "Manager for a Day" initiative, the press office of the head of state announced. Two young people will join the working process of the institution tomorrow. The head of state Rumen..
There is a growth in the use of synthetic drugs due to their easy transportation and concealment, said Desislav Mitev, head of a sector in the territorial directorate of the Customs Agency in Ruse. According to the..
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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