Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

President Radev vetoes amendments to Bank Bankruptcy Act

Photo: BTA

Bulgarian President Rumen Radev has vetoed the amendments to the Bank Bankruptcy Act adopted on February 9, 2018.

The President supports efforts of the National Assembly for greater efficiency when it came to protection of social interest in cases of bank bankruptcy proceedings.According to him, however, in violation of the rule of law changes would reverse legal consequences, acquired rights and obligations. Society needs to know the concrete dimensions of the consequences of the adopted law, the President said.

The draft amendments to the law were announced as a measure against the secondary plundering of the assets of bankrupt CCB, as changes were proposed by the DPS party. The CCB license was withdrawn by the BNB in ​​November 2014.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Minister of Labour and Social Policy Borislav Gutsanov

Fighting the grey economy means fighting labour exploitation, minister of labour says

The fight against the grey sector is directly connected with restricting labour exploitation and with human rights protection, said Minister of Labour and Social Policy Borislav Gutsanov at the opening of an international conference “Improving..

published on 10/10/25 3:11 PM

National Assembly to elect heads of State Intelligence Agency and State Agency Technical Operations

On a proposal by the Council of Ministers, the heads of the State Intelligence Agency and the State Agency Technical Operations will, from now on, be elected by the National Assembly, BNR’s Maria Fileva reports. This means the president’s powers..

published on 10/10/25 2:45 PM
Transport Minister Grozdan Karadjov

Three new Siemens Smartron locomotives put into service

Three new electric locomotives Siemens Smartron are entering service as of today, Transport Minister Grozdan Karadjov has announced. Two of them will be running along the Sofia-Burgas line, and one – along the Sofia-Russe line. The new..

published on 10/10/25 2:24 PM