Parliament Ratifies Agreements on Foreign Debt Optimization
14.03.2002
Source: BTA
Parliament ratified on Wednesday agreements on foreign debt optimization between Bulgaria and JP Morgan and Salomon Brothers, moved by the Council of Ministers. The ratification was supported by the majority in the 240-seat Parliament: 124 MPs of the Simeon II National Movement (SNM) and the Movement for Rights and Freedoms (MRF) voted for the bill. The Socialist-dominated Coalition for Bulgaria and theopposition United Democratic Forces (UtdDF) did not take part in the voting. Finance Minister Milen Velchev, said the agreements marked the beginning of the modernization of foreign debt management