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.
Krastyo Peev from the Civic Association “Public Council” in Nessebar has reported to the Bulgarian National Radio about “dead people and people trapped in hotels that need to be evacuated and dozens of cars and pavilions in the sea”..
Velichie party leader Ivelin Mihaylov said in parliament that together with MECH and Vazrazhdane parties they have collected the necessary signatures to file a complaint with the Constitutional Court. They are challenging the..
''Sabotage groups are operational in Bulgaria, and they exert hybrid influence and are part of Bulgaria's political life'', Prime Minister Rosen Zhelyazkov said in Parliament in response to a question about whether there is data on hybrid attacks and..
On Tuesday, Bulgaria will experience cloudy and rainy conditions , with prolonged and heavy rain expected in the eastern and northern regions. In the..
The European Commission will announce next month the amount under the Recovery and Resilience Plan (RRP), the payment of which may be withheld if the..
''I apply the best British practices for the development of science communication in Bulgaria'', said Lyubov Kostova, Member of Board Trustees of..
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