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

Green Card system no longer an obstacle to Bulgaria’s accession to the Eurozone

Photo: Ani Petrova

Parliament has voted to obligate insurance companies to reimburse unproven damages in the event of traffic accidents abroad.

The decision was not supported by Vazrazhdane, the Bulgarian Socialist Party (BSP) abstained. This case could have proved to be an obstacle to Bulgaria’s entry into the Eurozone. 

The so-called Green Card, which guarantees reimbursement of damages incurred in traffic accidents caused by vehicles registered in another country, is valid in 48 countries. The Green Card system operates, via national offices with local insurers as members, following the principle “pay first, contest later”. The problem emerged in Bulgaria when Bulgarian insurers contested the grounds for damage claims from abroad, accumulating debts running to EUR 10 million.



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

Ski track in Valchi dol

The ski season has opened on the only track in Bulgaria's Varna region

The snow in Northeastern Bulgaria has made skiing possible at the end of February. Today, the ski season opened in Valchi Dol, where the only track in Varna Region is located. It is only 250 meters long, but the locals use it with pleasure, BNT..

published on 2/22/25 11:45 AM
Ramadan Atalay, MP from DPS-DPS

The biggest danger to the government will come from Ahmed Dogan, believe members of SDS party

DPS-DPS around Ahmed Dogan wants to have its own deputy ministers, regional and deputy regional governors, as well as representatives in the regulators, in order to take political responsibility. This was stated to BNT by the party's MP Ramadan Atalay...

published on 2/22/25 11:08 AM

Protest against the euro will be held in Sofia today

The patriots from Vazrazhdane parliamentary party and civil organizations against Bulgaria's accession to the Eurozone have announced a protest for today.  They call for a wide public debate on the consequences from the introduction of the euro...

published on 2/22/25 10:03 AM