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.
A yellow code for strong wind has been issued for 18 regions of Bulgaria on Tuesday . The minimum temperatures will be 4 to 9°C, around 4°C in Sofia. It will be sunny over most of the country before noon. Cloudiness will increase in the..
In an interview with BBC, Foreign Minister Georg Georgiev says that Sofia welcomes the commitment of President Trump's administration to stop the war of aggression against Ukraine in order to achieve a lasting and sustainable peace. "What is important,..
“Botev Plovdiv” football club is organizing a charity ball today, at which it will celebrate the 113th anniversary of the founding of the professional football club. The funds raised will support two campaigns – for the construction of a monument to..
Citizens who cross at a pedestrian crossing while holding a mobile phone will be fined, according to proposed legislative changes. According to..
An official ceremony and a March of Tolerance named ''We Remember'' took place in Sofia to mark the 82nd anniversary of the rescue of Bulgarian..
“Bulgaria’s defence industry has a huge potential, we have to promote it,” said Foreign Minister Georg Geigriev in an interview with bTV. “I believe..
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