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.
The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International Monetary Fund, at the high-level conference in Sofia titled ''Bulgaria on the Doorstep of the..
The adoption of the euro from January 1, 2026, is "one of the most important stages in Bulgaria's European path'', said Premier Rosen Zhelyazkov at the high-level conference titled "Bulgaria on the Doorstep of the Eurozone" held in Boyana Residence in..
The European Parliament’s Committee on Petitions (PETI) has decided to monitor the state of road safety in Bulgaria. The decision came after hearing a petition submitted by Rosalina Gadyuchkova, a Bulgarian citizen living in the United Kingdom. The..
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..
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the..
Prokopan is the only railway tunnel on the Plovdiv-Burgas line. This became clear during a visit by Deputy Minister of Transport Lyuben Nanov, who was..
Cloudy
Rain
Overcast, rain
Scattered showers