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.
The Bulgarian Embassy in the USA has no reports about the presence of Bulgarian citizens on board the plane that crashed in Washington on the night of January 30, the Bulgarian Foreign Ministry announced. The Bulgarian diplomatic mission in..
Bulgaria's Minister of Tourism, Miroslav Borshosh, has held a series of meetings with business organizations in the tourism industry . The main topics of the talks were the need to introduce a Tourist Guarantee Fund, the fight against the gray sector..
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Bulgaria is well advanced in the process of meeting the criteria for joining the Eurozone, European Central Bank President Christine Lagarde said during..
On this day in 1905, 15 enthusiasts, university students, climbed the highest peak in Mount Vitosha near Sofia, in winter for the first time –..
The idea of the state acquiring the only oil refinery in Bulgaria – Lukoil Neftohim in Burgas – as proposed on 29 January by the Movement for Rights and..
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