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

EC rejects Bulgarian claims that banks sue debtors in line with EU law

Photo: library

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.


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

Every third Bulgarian is ready to defend democracy, every fifth the homeland: survey

Democracy is consistently perceived by a solid majority in Bulgarian society as the best form of governance. Approximately 1.5 million citizens declare their willingness to risk their personal security to protect it, according to a representative study..

published on 11/6/25 11:53 AM

Bulgaria's second-largest trade union "Podkrepa" opposes draft Budget 2026

The Confederation of Labor "Podkrepa" does not support the government's proposed state budget for 2026 , the union announced.  As reasons, the second most important trade union in the country points out "the lack of policies and reforms to address..

published on 11/6/25 10:35 AM

Mysterious Russian ship sails near Black Sea coast

The phantom ship VIVA 962 has changed at least 10 names and many owners before it surprisingly appeared near Cape Emine on November 1. The crew consists of a captain and a mechanic with Ukrainian passports from Kharkov, reports the "24 Chasa" portal...

published on 11/6/25 10:12 AM