Bulgaria’s Constitutional Court has annulled the amendment to the Obligations and Contracts Act (article 112), by which the previous National Assembly enforced a ten-year limitation period for obligations of natural persons. 10 magistrates voted in favor and 2 voted against.
The amendment had to come into force on June 2, 2021 and apply to existing cases. This county’s Supreme Judicial Council challenged the decision of the Parliament. According to the Supreme Judicial Council, "the new limitation period contradicts the inviolability of private property guaranteed by the constitution, as well as the rule of law", wrote egalworld.bg referring to the decision of the Constitutional Court.
During an operation of the General Directorate Combating Organised Crime under the leadership and supervision of the Sofia City Prosecutor's Office and the National Revenue Agency, a criminal group involved in tax crimes and money..
A list of over 10 unfair trade practices that must be stopped will be handed over to representatives of all parliamentary groups. Among them are high mark-ups, hidden fees of retail chains, inequality between Bulgarian and imported..
In Plovdiv, experts discuss issues of the food industry, in accordance with the most up-to-date requirements of the Bulgarian and European regulatory framework. The Union of Food Industry is the organizer of the 14th National Scientific and Practical..
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the..
Sofia Airport has been officially renamed to Vasil Levski Airport at a solemn ceremony on February 19 . The ceremony was attended by Deputy Prime Minister..
BNB Governor Dimitar Radev will sign the request for an extraordinary convergence report on the fulfillment of the criteria for eurozone membership. This..
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