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.
The Bulgarian government and the German defence group Rheinmetall have signed an agreement in Sofia to build a gunpowder and 155 mm artillery shell factory at the state-owned Vazov Machine Building Works (VMZ) in Sopot. The deal was signed by..
Bulgaria and China have agreed to further strengthen their cooperation in the field of science, technology and innovation at a high level, as well as in academic exchange. This happened during the Eighteenth Session of the Commission for Scientific and..
The Embassy of Bulgaria in Washington hosted a reception for the Board of Executive Directors of the oldest Jewish organization "B'nai B'rith" . This was announced by the diplomatic mission on Facebook . The organization’s CEO..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in..
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