The European Bank for Reconstruction and Development, EBRD, has expressed concern over the proposed amendments to the law of obligations and contracts.
The amendments, which have already been approved by parliament at first reading, impose a 10-year absolute limitation period on all loans receivable and payable by natural persons. The amendments are also applicable to natural persons for whom creditors have already obtained writs of execution or against whom court proceedings have been initiated. If the texts remain in its present form the new amendments will have a significant negative effect on the Bulgarian finance sector and on the real economy, the EBRD warns.
The State Agency for Refugees is launching a pilot project for the country and the EU. Alternative social services for unaccompanied refugee children are being created, the government's press service has reported. The..
Public procurement tenders have been announced for the final 2.4 km of the railway line from Gyueshevo to North Macedonia, as well as for the Sofia–Radomir section. The total value of the tenders exceeds EUR 279 million, and the completion deadline is..
More than 95% of the wildfires in the country are caused by negligence or intent, said Prime Minister Rosen Zhelyazkov after inspecting the measures taken by the Ministry of Interior's operational headquarters to tackle the fires in the Strumyani..
Three helicopters arrived at Plovdiv Airport under the EU Civil Protection Mechanism. One came from Hungary, the second from Slovakia, and the..
Those detained for committing arson will be tried for terrorism, announced Interior Ministry Secretary General Miroslav Rashkov. He noted that..
The branch of "Angel Kanchev" University of Ruse which was opened earlier this year in the Moldovan town of Taraclia, has officially taken ownership of..
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