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.
By midnight, the rain will stop, the clouds will break and in the morning the sky will be mostly clear across the country. The moderate northwesterly wind will decrease. On Saturday 15 June, the weather will be mostly sunny . In the morning hours,..
The caretaker government is working on the next aid package for Ukraine, caretaker Minister of Defense Atanas Zapryanov told BNR after the end of a meeting of NATO defense ministers . Asked to comment on the words of President Rumen Radev, who..
On 15 June, Unit 6 of the Kozloduy Nuclear Power Plant will be shut down for planned preventive maintenance due to a detected malfunction in the oil system of the unit transformer in the non-nuclear part and indications of a heat transfer medium leak..
A hydrogen bus and the first hydrogen electric car in Bulgaria will drive through the streets of Sofia, Pazardzhik and Stara Zagora in the coming days,..
''Bulgaria remains fully committed to the strong and united response of NATO, the European Union and the international democratic community against..
''Terem'' company has been ranked first in the competition for the overhaul of six engines for the MiG-29 fighter aircraft. This is clear from the..
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