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 insists that the Russian Federation must immediately stop provocations against its neighbours and aggression against Ukraine, as well as strictly comply with international law and the UN Charter. This was stated by Minister..
Prime Minister Rosen Zhelyazkov participated in a reception organised by the Consulate General of Bulgaria in New York on the occasion of the 117th anniversary of the declaration of the country's Independence. In his speech to the..
Bulgaria considers Israel a key strategic partner and our excellent relations could give a strong boost to the sectors of trade, innovation, education, agriculture and tourism. This was what Prime Minister Rosen Zhelyazkov said at a..
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..
Traffic on Tsarigradsko Shose Boulevard in Sofia is blocked by two separate protests, by residents of the Gorublyane and Druzhba 2 neighbourhoods...
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