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 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%..
Convictions for high-level corruption in Bulgaria have been few so far. Sustained progress against high-level corruption is needed. This was stated by EU Commissioner for Justice, Michael McGrath, after the meeting of the EU General..
A huge criminal network trafficking cultural artefacts and laundering money has been dismantled by the Bulgarian Prosecutor's Office, the General..
The European Bank for Reconstruction and Development (EBRD) will open a technology center in Bulgaria focused on emerging technologies such as Big Data..
The first quaternary wastewater treatment plant in Bulgaria was opened today in the village of Benkovski, Maritsa Municipality. “Today we are launching..
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