The European Bank for Reconstruction and Development, EBRD, has expressed concern over the proposed amendments to the law of obligations and contracts.
The amendments, which have already been approved by parliament at first reading, impose a 10-year absolute limitation period on all loans receivable and payable by natural persons. The amendments are also applicable to natural persons for whom creditors have already obtained writs of execution or against whom court proceedings have been initiated. If the texts remain in its present form the new amendments will have a significant negative effect on the Bulgarian finance sector and on the real economy, the EBRD warns.
On Saturday the clouds will continue to increase, and by the end of the day, will be considerable. In the evening there will be rain in the Northeastern part of the country. There will be a moderate wind which will turn from the North-Northwest and..
Bulgaria and Romania continue to dominate the outsourced business services sector in Southeast Europe, with Bucharest and Sofia hosting 43% of the region's suppliers. This is stated in a report on the outsourcing industry in Southeast Europe 2023. It was..
The first lawsuit requesting a partial annulment of the elections is already a fact. Shortly after "There is Such a People" party submitted a request to challenge the legality of the election of MPs in 52 polling stations in the early..
2.5% is the necessary effort that our country must make in terms of defence spending, caretaker Minister of Defense Atanas Zapryanov..
A protest organized by nationalist organizations in front of the Ivan Vazov National Theatre last night against the premiere of Bernard Shaw’s play..
On Friday, there will be fog in the valleys. The lowest temperatures will range between minus 5°C and 0°C, for Sofia around minus 3°C. It will be sunny..
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