GERB opposition party has requested a hearing of Prime Minister Kiril Petkov in parliament over the proposal by Deputy Prime Minister Korneliya Ninova for force majeure to be declared in all intercompany contracts because of the war in Ukraine. According to the GERB parliamentary group, such a decision would put the legal system at risk of crashing, and would jeopardize the work of business operators.
According to Korneliya Ninova, the decision to declare force majeure would allow for deferring deadlines and would prevent contractual penalties. The proposal is for the force majeure period to be in place as of 24 February until the end of March and to be valid in all sectors of the Bulgarian economy.
Bulgaria reacted swiftly to a forest fire near the town of Kriva Palanka, North Macedonia, which is located near the Bulgarian -North Macedonian border. The fire, which broke out on Wednesday afternoon, spread rapidly and threatened the town itself,..
From July 10 to September 14, Bulgaria’s capital will live to the rhythm of Sofia Summer Fest. In tune with the summer season, the events take place outdoors – in South Park II, behind the Earth and Man National Museum. The sixth edition of the..
The Chairman of the Security Services Control Committee, Atanas Atanasov, has summoned its members to a meeting today. A day after the official "yes" to Bulgaria's accession to the eurozone on January 1, 2026, the MPs will hear the..
With 531 votes in favour, 69 against and 79 abstentions, the European Parliament approved Bulgaria's accession to the eurozone on 1 January 2026...
The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone...
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost..
Partly Cloudy
Mostly Cloudy