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.
At the initiative of the Council of Europe, the European Day of Languages is celebrated every year on September 26. The initiative, supported by the European Commission and the Council of Europe, aims to promote cultural diversity and..
Thursday will be mostly sunny. Here will be light easterly wind. The highest temperatures will be between 26° and 31°C; in Sofia – around 27°C. It will be mostly sunny in the mountains , with some cumulus clouds in the..
"Our world is facing a number of complex problems, from the unprecedented challenge to global peace and security to the escalating climate crisis and ongoing inequalities", President Rumen Radev said in his address to the UN General Assembly,..
The first coordination meeting with the participation of all structures involved in the contract for the acquisition of Stryker combat vehicles for the..
Friday will be sunny and temperatures will rise during the day to reach 28-33°C, 29°C in the capital. Lows will be between 11 and 16°C, 11°C in Sofia...
Bulgaria supports the United Nations' mission of having humanity's future shaped by development policies and not by military conflicts, President Rumen..
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