Bulgaria’s Constitutional Court has annulled the amendment to the Obligations and Contracts Act (article 112), by which the previous National Assembly enforced a ten-year limitation period for obligations of natural persons. 10 magistrates voted in favor and 2 voted against.
The amendment had to come into force on June 2, 2021 and apply to existing cases. This county’s Supreme Judicial Council challenged the decision of the Parliament. According to the Supreme Judicial Council, "the new limitation period contradicts the inviolability of private property guaranteed by the constitution, as well as the rule of law", wrote egalworld.bg referring to the decision of the Constitutional Court.
There is no declared investor interest from a potential buyer and no negotiations for the sale of "Lukoil Neftochim Burgas". This was what Minister of Energy Zhecho Stankov told BNT. Bulgaria guarantees the energy security of the..
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The main political war being waged in Bulgaria is related to the geopolitical orientation of the country in the future. This was what Prime Minister Rosen Zhelyazkov said in a speech at the opening of the Annual Meeting of the National Association of..
The crew of a cargo ship sailing under the flag of Cameroon with 10 Ukrainian sailors on board was rescued in an operation led by the..
The main political war being waged in Bulgaria is related to the geopolitical orientation of the country in the future. This was what Prime Minister Rosen..
There is no declared investor interest from a potential buyer and no negotiations for the sale of "Lukoil Neftochim Burgas". This was..
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