GERB opposition party has requested a hearing of Prime Minister Kiril Petkov in parliament over the proposal by Deputy Prime Minister Korneliya Ninova for force majeure to be declared in all intercompany contracts because of the war in Ukraine. According to the GERB parliamentary group, such a decision would put the legal system at risk of crashing, and would jeopardize the work of business operators.
According to Korneliya Ninova, the decision to declare force majeure would allow for deferring deadlines and would prevent contractual penalties. The proposal is for the force majeure period to be in place as of 24 February until the end of March and to be valid in all sectors of the Bulgarian economy.
For two decades Bulgaria has known what it is striving for, Prime Minister Rosen Zhelyazkov said after a meeting with President of the European Council António Costa, who arrived on a three-day visit to Bulgaria. Zhelyazkov pointed..
Bulgarian President Rumen Radev begins his two-day visit to Warsaw at the invitation of his counterpart Andrzej Duda. In the Polish capital, he will participate in the 10th Summit of the “Three Seas” initiative to deepen cooperation in the energy,..
The Bulgarian National Bank is issuing a new silver commemorative coin from the “Bulgarian National Revival” series , the institution announced today. This time the coin is on the theme of “175 years since the birth of Zahari Stoyanov”. The..
Bulgaria’s President Rumen Radev discussed ways to boost trade and investment between Bulgaria and Poland during a meeting with representatives of..
A month after Bulgaria receives the green light to join the eurozone, all traders are obliged to have their prices in both Bulgarian..
Since the beginning of the year, Bulgaria has also met the price stability criterion for eurozone membership, Minister of Finance..
Clear
Mostly Cloudy
Partly Cloudy