The Ministry of Justice has published, for public debate, two bills in fulfillment of the country’s commitments under the national recovery and resilience plan.
The consultations on the personal insolvency act will take place until 11 December. The request for personal insolvency shall be entirely voluntary and aims to provide fair satisfaction to creditors by way of a 3-year debt repayment plan by the debtor, guaranteeing subsistence protection for the debtor by setting down immunity from seizure of part of the debtor’s property. The bill also envisages legal procedures for persons with no incomes and property who are good faith debtors.
The consultations on the amendments to the act on whistleblower protection or protection of persons who make public information on breaches of Bulgarian or EU law will take place until 25 November. Persons practicing law who are bound to professional secrecy shall be protected when reporting breaches of Bulgarian or EU law endangering or damaging the public interest.
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that it would help the country maintain its strategic position in South East Europe. Accompanied by..
Bulgaria’s coalition parties have agreed to introduce a rotating chairmanship of the National Assembly. At today’s joint governance council meeting, members also discussed next year’s draft budget. Kostadin Angelov, Deputy Chairman of..
Google has donated an additional $1 million to the Institute for Artificial Intelligence and Computer Technologies (INSAIT) at Sofia University , bringing its total investment in the institute to over $6 million. According to the institute’s website,..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in..
On Tuesday , the lowest temperatures will be between 3 and 8°C; in Sofia – about 4°C. During the day before noon cloudiness will be..
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