The parliament of Bulgaria has approved at first and second reading the contracts with international financial institutions amounting at EUR 1 493 000 000 to be disbursed on one or more tranches.  The money to be received from the sale of the state treasuries is to be used to pay off the  foreign debt of Bulgaria from previous years, maturing in 2014 and at the beginning of 2015, as well as to cover the planned budget deficit.