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.
Trade in farming produce and food between Bulgaria and China has gone up by over 37% in 2023, said Minister of Agriculture and Food Georgi Tahov at the opening of a Bulgarian-Chinese business forum in Sofia. The export of Bulgarian commodities..
Bulgarian police officers are going to France to help French police guarantee security during the Summer Olympic and Paralympic Games in July and August 2024. During the preparations for this large-scale sporting event, the French..
In an official letter We Continue the Change/Democratic Bulgaria (PP/DB) refuse to hold talks with GERB/SDS on the formation of a government on GERB’s mandate within the 50 th National Assembly. GERB-SDS start political consultations in..
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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