The European Bank for Reconstruction and Development, EBRD, has expressed concern over the proposed amendments to the law of obligations and contracts.
The amendments, which have already been approved by parliament at first reading, impose a 10-year absolute limitation period on all loans receivable and payable by natural persons. The amendments are also applicable to natural persons for whom creditors have already obtained writs of execution or against whom court proceedings have been initiated. If the texts remain in its present form the new amendments will have a significant negative effect on the Bulgarian finance sector and on the real economy, the EBRD warns.
The honorary leader of DPS, Ahmed Dogan, visited the headquarters of the party in Sofia to hold consultations for the lists of candidates for MPs for the upcoming parliamentary elections, the party's press center announced. "Ahmed..
GERB leader Boyko Borissov has called for the resignation of North Macedonian Deputy Prime Minister Aleksandar Nikoloski because of his insults towards Bulgaria: "We will do everything necessary for the European People's Party to know..
In response to media reports that a company registered in Bulgaria supplied pagers to the Lebanese organization Hezbollah, which were subsequently detonated in Lebanon and Syria, the State Agency for National Security (SANS) announced that no customs..
Gorna Oryahovitsa will host a review of amateur creativity and a Festival of military brass bands of the Ground Forces. From September..
On Wednesday there will be scattered clouds, which will thicken up in the afternoon. In the Balkan Mountain and the massifs in..
MEP Elena Yoncheva is in the city of Sanaa, Yemen, aiming to reach the port city of Hodeidah on the Red Sea. There lies the hijacked ship Galaxy Leader,..
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