The mortgage system in Bulgaria is not transparent and very complex. A European Parliament delegation has come to this conclusion after a visit to the country in February. Among the problems are misleading behavior of private banks such as failure to inform about potential risks and misleading clauses in agreements, insufficient supervision of private bailiffs and difficult access to free legal aid for consumers.
MEPs have made recommendations on the identified problems to the Bulgarian National Bank, but describe their communication with the institution as "unsatisfactory", BNR correspondent Angelina Piskova reported from Brussels.
The fifth edition of the “Science for Business” forum, organized by the Bulgarian Academy of Sciences and the Bulgarian Small and Medium Enterprises Promotion Agency, opens today at the capital’s Inter Expo Center, BTA reports. Its goal is to focus..
The fifteenth edition of Sofia Paper Art Fest 2025, which will take place from June 3 to 15 in the National Palace of Culture, will be held under the motto “Spirit and Matter”, BTA informs. According to the organizers, the motto of the forum contains a..
On Tuesday minimum temperatures will range from 12° C. to 17° C., for Sofia 12° C. During the day the weather will be predominantly sunny. At around midday and in the afternoon cumulus and cumulonimbus clouds will form mostly over the mountains and..
The vote in the European Parliament’s Foreign Affairs Committee on the annual report regarding North Macedonia's progress towards EU membership was..
As expected, the European Commission's convergence report on Bulgaria, published today, confirms that the country is ready to adopt the euro on 1 January..
'Legal changes have been drafted in response to the frequent road accidents involving trucks, ' said Grozdan Karadzhov, the Deputy Prime Minister and..
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