The IME believes that, contrary to the apocalyptic pictures that are drawn in this scenario, the structural laws of the three major budgets in the state provide for such an option.
The amount of the main payments is preserved and, according to the rules for fiscal stability, the payments will be up to the amount of revenues, which will nominally increase.
"If the legal framework allows an immediate budget crisis to be avoided, then entering the new year without an adopted budget creates risks for the predictability of the business environment, for the economy as a whole and for the normal functioning of institutions and local authorities," the IME specifies.
The Speaker of the National Assembly has no right to rule unilaterally on a national referendum. This becomes clear from a decision of the Constitutional Court in relation to the refusal of former Parliament Speaker Natalia Kiselova to submit for..
The special commercial administrator of Lukoil Neftochim Burgas, Rumen Spetsov, has dismissed Evgeny Manyakhin as chairman of the company's board and revoked his authority to represent the company. The decision has been published in the Commercial..
Four in five Bulgarians do not believe the country’s democracy is genuine, according to an independent survey by the Myara sociological agency. The poll found that 81.2% of respondents said Bulgaria does not have real democracy, while 78.2%..
The European Bank for Reconstruction and Development (EBRD) will open a technology center in Bulgaria focused on emerging technologies such as Big Data..
A huge criminal network trafficking cultural artefacts and laundering money has been dismantled by the Bulgarian Prosecutor's Office, the General..
Russia’s Lukoil said it reserves the right to pursue legal action to defend its rights and legitimate interests in Bulgaria after a special..
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