Bulgarian President Rumen Radev has vetoed the amendments to the Bank Bankruptcy Act adopted on February 9, 2018.
The President supports efforts of the National Assembly for greater efficiency when it came to protection of social interest in cases of bank bankruptcy proceedings.According to him, however, in violation of the rule of law changes would reverse legal consequences, acquired rights and obligations. Society needs to know the concrete dimensions of the consequences of the adopted law, the President said.
The draft amendments to the law were announced as a measure against the secondary plundering of the assets of bankrupt CCB, as changes were proposed by the DPS party. The CCB license was withdrawn by the BNB in November 2014.
“I call on all representatives of the Movement for Rights and Freedoms in local government — mayors and municipal councilors — to ensure security and predictability for the people and to take the necessary steps to keep all local taxes and fees..
Bulgaria has climbed to 11th place in this year’s Digital Quality of Life 2025 (DQL) index published by Surfshark, up from 18th last year, BTA reported. The index evaluates countries’ digital well-being across five dimensions: fixed broadband..
Around 90% of the antiques seized during an international operation targeting a cultural property trafficking network will be returned to Bulgaria, Deputy Minister of Culture Todor Chobanov told “Nova TV”. “This is an unprecedented operation in..
Cloudy
Fog
Mostly Cloudy