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.
''We must not allow nuclear technology to be used for blackmail and aggression. We must do everything possible to protect the nuclear safety and security of Ukraine, Europe and the world'', caretaker Premier Dimitar Glavchev said at the Ukraine Peace..
''If a government is formed this week, I pledge to help the people quickly. This will happen only if we form a government'' , GERB leader Boyko Borisov said during a visit to the villages in the Veliko Tarnovo region affected by the hailstorm. "If..
Bulgaria’s President Rumen Radev is on an official visit to Montenegro at the invitation of his Montenegrin counterpart, Jakov Milatović, reported BTA. On June 17, the Bulgarian president and his wife, Desislava Radeva, will be welcomed by their..
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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