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.
Starting October 15, Bulgaria's toll system has begun weighing heavy vehicles over 3.5 tons while they are in motion. The weighing process is fully automated. "Currently, 10 out of nearly 100 planned devices have been certified. The sensors..
The number of Ukrainian citizens with temporary protection in the country who are accommodated in hotels and other facilities under the program for humanitarian support and integration of displaced persons from Ukraine has decreased by half. Currently,..
"We will no longer help ensure a quorum in Parliament", said Boyko Borissov, leader of GERB, the party holding the mandate for the government formed by the parliamentary majority. His statement, made in front of the party's parliamentary group and..
The Bulgarian National Radio will host the 2025 Public Broadcasters International (PBI) Annual Conference . The prestigious forum will be held from..
On Saturday, minimum temperatures will range from 8 to 13°C , around 9°C in Sofia. It will be mostly cloudy with rain in many areas. There will be..
On Friday, the minimum temperatures in Bulgaria will be from 6 to 11°C, in Sofia – 7°C. During the day, it will be cloudy over most of the country. In..
Overcast, rain
Rain
Partly cloudy, chance of rain