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.
It will be sunny on Monday. Clouds will form over the mountains in western Bulgaria in the afternoon with a chance of showers. The lowest temperatures will range from 15°C to 20°C, for Sofia 15°C. Daytime highs will reach 30°C-35°C, for Sofia- 30°C...
Representatives of the Austrian and German interior ministries are stationed and working at Sofia Airport, according to an official statement from the Ministry of the Interior. The document quotes Interior Minister Kalin Stoyanov, the website..
''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 documents uploaded on the Bulgarian public procurement portal. The repair will cost EUR 118,370,000. A..
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..
Bulgaria is among the countries in Europe where the tiger mosquito, which carries viruses such as dengue and zika, has become established. This was..
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