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.
Vice President Iliana Iotova will open the 17th Spring Book Fair and Sofia International Literary Festival for Children and Youth, the presidential institution announced. The Spring Book Fair in Sofia this year will be held from..
On Monday it will remain cloudy, in many places with rainfall. The lowest temperatures will be between 8 and 14°C. In Sofia - around 8°C. In the afternoon the precipitation will gradually start to stop from west to east and over..
The participants in the 20th World Meeting of Bulgarian Media visited the museum and the icon painting hall of the Klisura Monastery "Sts. Cyril and Methodius". Metropolitan of Vidin Pachomius welcomed the Speaker of Parliament..
During his participation in the 20th World Meeting of Bulgarian Media in Varshets, President Rumen Radev expressed concern that prices will rise as soon..
Students of medicine, young doctors and medical specialists from six towns – Sofia, Plovdiv, Pleven, Burgas, Varna and Stara Zagora – are staging..
“We often say that Bulgaria extends as far as there are Bulgarians. In order for these spiritual borders of Bulgaria to be vibrant and strong, there..
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