Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Ministry of Economy to keep a public register of debt collection companies

Photo: mi.government.bg

Bulgaria’s Ministry of Economy will keep a public register of debt collection companies. Debt collectors will be banned from harassing and blackmailing debtors. This is what a new draft legislation aimed at protecting customers from the arbitrariness of debt collectors envisages, said Deputy Prime Minister and Minister of Economy Kornelia Ninova. 

The new creditor will not be entitled to claim any payment other than the amounts agreed in the contract with the original creditor. In Kornelia Ninova’s words, there are cases where people owe EUR 250 or more for a small loan worth EUR 5. According to the draft legislation, violators will be subjected to fines of up EUR 25,000.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

The only wooden church in Bulgaria marks its holiday

The Church of the Transfiguration of the Lord in Borovets - the only wooden church in Bulgaria, marked its holiday today. A liturgy was served by Bishop Gerasim of Melnik. The Speaker of the National Assembly, Natalia Kiselova, was among the official..

published on 8/6/25 7:46 PM

Weather to stay warm with local mountain showers

On Thursday, minimum temperatures will range from 14 to 22°C, reaching a low of 14°C in Sofia. It will be mostly sunny during the day , with temporary cloud cover and brief showers in the mountains. There will be light to moderate winds in the east of..

published on 8/6/25 7:05 PM

"We Continue the Change" start petition "Bulgaria is not for sale"

"We Continue the Change" (PP) is starting a petition against the sale of over 4,400 state properties by the government, the party's press center reports, quoted by BTA. The petition is under the motto "Bulgaria is not for sale!". The party points out..

published on 8/6/25 6:50 PM