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.
Sixteen people were arrested for trafficking illegal migrants, the Interior Ministry said. This operation was carried out by Bulgarian authorities on June 3. It took place in six districts of the country: Sofia, Burgas, Kardzhali, Stara Zagora, Haskovo..
The Bulgarian Maritime Training Center, is seeking state assistance to accelerate the procedures for the sale of the ferries "Heroes of Sevastopol" and "Heroes of Odessa" and the ship "Atanas Dimitrov", manager of the center, Dencho..
Bulgaria will not back down from its principled position for EU integration of the Western Balkans and is respecting its commitments, but it also insists that the Republic of North Macedonia respects the agreements reached. This..
The balances in all bank accounts in Bulgarian levs will be automatically converted to euros from the date of the country's accession to the eurozone at..
At night, precipitation will stop and the cloudiness will break and decrease. In the morning hours, short-term fog will form in the..
At an official ceremony held in Kazanlak, Maria Shamburova was solemnly crowned as the town’s 57th Rose Queen. The coronation show of the Rose..
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