Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Parliament approves ten-year limitation period for obligations of natural persons

Photo: BTA

Bulgaria’s MPs approved at a second reading amendments to the Obligations and Contracts Act that enforce a ten-year limitation period for obligations of natural persons. The proposal was submitted by MPs from the United Patriots coalition. They contend that Bulgaria is the only EU country that has not yet introduced absolute limitation period for obligations of citizens. 

The Bulgarian Industrial Association has categorically opposed the introduction of a limitation period. According to BIA, the state interferes in private-law relations between equal subjects, for which the concluded contracts have the force of law, prioritizing the interests of one group of entities at the expense of another.




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

Number of cases of trafficking for the purpose of labour exploitation is rising

The number of victims of trafficking since the beginning of the year is 55, as 41 of the victims are women, Antoaneta Dimitrova from the National Commission for Combating Trafficking in Human Beings has reported. According to her, for..

published on 10/20/24 12:02 PM

A Bulgarian drained 2.2 million pounds from the UK social system

A Bulgarian siphoned 2.2 million pounds from the money of British taxpayers, the "Sunday Telegraph" reports. The scheme involved flying Bulgarians to Britain, transporting them to jobcenters to apply for benefits and returning them to..

published on 10/20/24 11:01 AM
The Erma gorge eco-trail

Sunny Sunday with temperatures reaching 19 degrees

Sunday will be mostly sunny. There will be a temporary increase in clouds in the south-eastern areas.  Minimum temperatures will be between minus 2°C and 3°C, with some frost in the plains and valleys, while maximum temperatures will be between 14°C and..

published on 10/19/24 7:05 PM