/ world today news/ The President, if he respects the Constitution and abides by it, must veto it.
This is what the chairman of the BSP, Mihail Mikov, commented for the “Focus” Agency in connection with the adopted ratification for assuming a new external debt in the amount of 8 billion euros.
“There is a hurry to end this agony of the rulers and their supporters, so that they do not see the disposition of the supporters, which also affects opposition parties and made them hurry, so as to violate the Constitution. The president, if he respects the Constitution and abides by it, must impose a veto, and from there the path is to the Constitutional Court”, stressed the leader of the BSP, Mihail Mikov.
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How can the President’s ability to veto influence public confidence in financial decision-making related to external debt?
Theme 1: Understanding the President’s Role in the Adoption of External Debt Ratification
Interviewer: As the President of Bulgaria, what do you think is the role of the Executive Branch in relation to the adoption of external debt ratification?
Guest 1: The President should work with his executive team to ensure that any financing decisions, including external debt, are in the best interests of the nation. He has a responsibility to protect the country’s financial stability and promote economic growth while adhering to constitutional guidelines.
Guest 2: I believe the role of the President is crucial in overseeing the process and ensuring that the necessary checks and balances are in place. They must review and understand the implications of such agreements before signing off on them.
Theme 2: Impact of Rushed Decisions on the Constitution and Public Trust
Interviewer: Do you think rushing the approval of external debt can have negative consequences on the Constitution and public trust in government institutions?
Guest 1: Absolutely, any action that violates the Constitution undermines its authority and erodes public trust. It’s essential for governments to maintain transparency and accountability in their decision-making processes to maintain public support.
Guest 2: Yes, when there is a sense of hurry or desperation, it can lead to poor decision-making and potentially harmful outcomes. It’s important to take the time to fully understand the implications of any action, especially one as significant as assuming new debt.
Theme 3: Importance of Veto Power for the President
Interviewer: As the head of state, how significant is the power of veto for the President? Do you think it’s essential in protecting the interests of the Bulgarian people?
Guest 1: Veto power allows the President to exercise their constitutional authority and act as a check on the legislative branch. It’s a crucial tool for protecting the interests of citizens and upholding the rule of law.
Guest 2: The veto power is an essential component of our democracy. It allows the President to represent the voice of the people and ensure that legislation aligns with their values
