11.03.2015

"Resulting from the deliberations we had today at the National Assembly, a meeting was held at the Ministry of Finance with almost all parliamentary represented political forces, seeking a common solution to defend public interest in connection to the CCB case". This is what Minister of Finance Vladislav Goranov said at a short briefing after the talks. He added that he had been authorised on behalf of all attending members of parliament to present the decisions arrived at at this stage: "There is consensus for urgent legislative measures to protect the interest of all citizens, creditors and state in the CCB case". According to him, the possible solutions are to envisage norms that would fill in the existing gap in the current legal framework and to allow a maximum degree of protection of public interest either between first and second hearing of the legislative initiatives already taken in connection to the Bank Insolvency Law or by proposed amendments to the Bank Deposit Guarantee Law. Mr. Vladislav Goranov assured that on Thursday all parties within the National Assembly would receive the texts whereunder consensus had been reached during the meeting at the Ministry of Finance. "I suppose that after tomorrow there will be a common legislative initiative from almost all parliamentary presented parties which will fast turn into a legislative decision guaranteeing the public interest in connection with CCB", he said. 

The Finance Minister also said for the journalists that the analytical report submitted to the National Assembly today suggests some well-grounded assumptions that the creditors' interest was not defended according to the currently effective law. "This is namely what we are trying to avoid by ensuring consensus among all political forces", he pointed out. Minister Goranov explained that in accordance with the current legislation the suquestrators' powers were not sufficient to ensure that some transactions permissible by law would not result in bad practices and harming the property of CCB.