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.
According to a survey by Gallup International Balkan, one tenth of respondents admit that they would accept to vote in exchange for money, other incentives or coercion, 78 per cent deny it and 12 per cent say they cannot decide. This means that more..
The Imperial Eagle Festival, organised by the Bulgarian Society for the Protection of Birds and the municipality of Topolovgrad, takes place today in Topolovgrad, Sakar Mountain, Haskovo region. The event brings together nature lovers, farmers,..
On Saturday morning there will be frost in the lowlands, and fog in the river basins. During the day the weather will be predominantly sunny with a moderate wind from the East. Minimum temperatures 2° C., below zero to 6° C., for Sofia 2° C., below..
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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