The EC has formally rejected the position of the Bulgarian government that Art. 417 of the Code of Civil Procedure, according to which banks in Bulgaria sue their debtors in a fast-track procedure without the possibility for appeal, was in line with EU law.
The EC is currently considering measures that are to be taken against this country. This was announced by Dessislava Filipova, lawyer at the Bulgarian Center for European Integration and Human Rights. She added that one of the main schemes that banks used in breach of EU law in order to put debtors on their knees was the unilateral rise of interest rate.
With 111 votes for, 51 against and 43 abstained, the National Assembly approved the establishment of an ad-hoc committee to investigate the activities of George Soros and his son Alexander Soros and their foundations in this country financing..
Prime Minister Rosen Zhelyazkov and Deputy Prime Minister Tomislav Donchev cancelled the meeting, scheduled for today, of the National Tripartite Council on the draft budget for 2006 after, in an unprecedented move, businesses decided not to take..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among them a direct link Bucharest-Sofia-Athens. According to the plan, using the trans-European..
North Macedonia has still not adopted the necessary constitutional amendments aimed at including Bulgarians and other non-majority communities in the..
Bulgaria relies on the efforts of honorary consuls from around the world to help establish new partnerships in the fields of economy, trade, innovation,..
The Ministry of Finance and the Bulgarian National Bank are organizing a high-level conference today titled ''Bulgaria on the Doorstep of the Eurozone''...
Cloudy
Scattered showers
Overcast, rain
Cloudy