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.
Despite active and targeted efforts to recruit personnel, the percentage of vacant positions at the State Intelligence Agency (SIA) remains high, reads the 2024 report of SIA, published on the website of the Council of Ministers. Another issue..
Since the beginning of the year, Bulgaria has also met the price stability criterion for eurozone membership, Minister of Finance Temenuzhka Petkova said. At the opening of the Investor Day 2025: Embracing Opportunities forum in..
A month after Bulgaria receives the green light to join the eurozone, all traders are obliged to have their prices in both Bulgarian levs and euro. This was what Deputy Minister of Economy Nikolay Pavlov said in an interview with the..
European Council President Antonio Costa will be paying a three-day visit to Bulgaria 27-29 April. His schedule includes meetings with President Rumen..
The political formation “Yes, Bulgaria” which is part of the opposition coalition “Democratic Bulgaria” is calling a national conference to elect a new..
The main threats to Bulgaria's national security are Russia and the instability of the Western Balkans, according to the annual report..
+359 2 9336 661