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.
On March 10, Bulgaria marks the rescue of Bulgarian Jews during World War II and commemorates the victims of the Holocaust and crimes against humanity. The date has been chosen because of the so-called "Kyustendil Action" of 1943. Then, with the help..
Plovdiv has been selected as the wine capital of Europe for 2025, indicates a survey by the European Best Destinations tourist organization, Plovdiv Mayor Kostadin Dimitrov has announced. More than 284,000 people from 82 countries chose..
“There is a consistent trend towards a drop in numbers and a curbing of the migration pressure,” Border Police Director, Chief Commissioner Anton Zlatanov, Director said in an interview for bTV. “When I took office, illegal migration had reached..
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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