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

Parliament approves ten-year limitation period for obligations of natural persons

Photo: BTA

Bulgaria’s MPs approved at a second reading amendments to the Obligations and Contracts Act that enforce a ten-year limitation period for obligations of natural persons. The proposal was submitted by MPs from the United Patriots coalition. They contend that Bulgaria is the only EU country that has not yet introduced absolute limitation period for obligations of citizens. 

The Bulgarian Industrial Association has categorically opposed the introduction of a limitation period. According to BIA, the state interferes in private-law relations between equal subjects, for which the concluded contracts have the force of law, prioritizing the interests of one group of entities at the expense of another.




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

The number of Bulgarians receiving pensions from abroad is increasing

By the end of 2024, nearly 80,000 individuals were receiving pensions and supplements under EU regulations and international agreements, according to the National Social Security Institute. These are Bulgarians who have worked in EU countries and..

published on 10/10/25 9:13 AM
Natalia Efremova, Deputy Minister of Labour and Social Policy, at a meeting of the Parliamentary Committee on Policies for Bulgarians Abroad on 9 October 2025.

Unprecedented response to the I Choose Bulgaria initiative among Bulgarians overseas

Bulgarians living abroad have shown unprecedented interest in the Ministry of Labour and Social Policy’s “I Choose Bulgaria” programme, deputy Minister for Social Affairs Natalia Efremova told the Committee on Policies for Bulgarians Abroad in Parliament...

published on 10/9/25 7:04 PM

Variable cloudiness and autumn-like temperatures are expected on Friday

On Friday, the lowest temperatures will range between 5°C and 11°C, in Sofia 7°C. During the day, the cloud cover across the country will be variable, with some areas seeing mostly sunny weather. More significant cloudiness is expected over..

published on 10/9/25 6:45 PM