The compulsory Third Party Liability insurance for car owners may become more expensive due to changes in the Insurance Code, submitted by the government in parliament. This warning came from insurers who are dissatisfied with the planned removal of the 5,000 BGN cap on compensation for individuals outside the closest circle of people killed in a road traffic accident.
The 5,000 BGN cap was temporarily introduced until the adoption of a methodology for determining compensation amounts, but such a methodology has not yet been adopted. The European Commission considers the Bulgarian cap to be contrary to the 2009 Directive relating to insurance against civil liability in respect of the use of motor vehicles.
Bulgaria is celebrating 117 years since it proclaimed independence from the Ottoman Empire today. On 22 September 1908, Prince Ferdinand I read the manifesto declaring Bulgaria a sovereign kingdom in the Church of the Forty Martyrs in the..
On September 21, we observe World Alzheimer's Day. This day has been marked annually since 1994 at the initiative of the Alzheimer's International Organization . The goal is to encourage efforts for earlier detection of the disease and the provision..
This year, the team exploring the Provadia-Solnitsata archaeological complex is organizing an Open Day on September 22. A new visitor route has been prepared through the complex of the most ancient salt-producing and urban center in Europe...
This year, the team exploring the Provadia-Solnitsata archaeological complex is organizing an Open Day on September 22. A new visitor route has been..
On September 21, we observe World Alzheimer's Day. This day has been marked annually since 1994 at the initiative of the Alzheimer's International..
Bulgaria is celebrating 117 years since it proclaimed independence from the Ottoman Empire today. On 22 September 1908, Prince Ferdinand I read..
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