Bulgaria’s Ministry of Economy will keep a public register of debt collection companies. Debt collectors will be banned from harassing and blackmailing debtors. This is what a new draft legislation aimed at protecting customers from the arbitrariness of debt collectors envisages, said Deputy Prime Minister and Minister of Economy Kornelia Ninova.
The new creditor will not be entitled to claim any payment other than the amounts agreed in the contract with the original creditor. In Kornelia Ninova’s words, there are cases where people owe EUR 250 or more for a small loan worth EUR 5. According to the draft legislation, violators will be subjected to fines of up EUR 25,000.
In a record-long session lasting 18 days, Bulgarian MPs made a seventh failed attempt to elect a speaker of the National Assembly. After several breaks and a re-vote for the oldest MP, Silvi Kirilov from “There Is Such a People" (ITN), only a few..
The leader of “МРФ – New Beginning” Delyan Peevski has expressed his readiness to take the post of prime minister. “When we are the first party, I will form a government,” he said on the sidelines of the National Assembly. “If the Bulgarians give..
The chairman of GERB Boyko Borisov once again stated that the winning formula for forming a regular government is for it to be supported by GERB-SDS, “We Continue the Change – Democratic Bulgaria”, “BSP – United Left” and ITN. However, he clarified that..
The average gross annual salary in Bulgaria in 2023 is 24,485 BGN (EUR 12,519) which is an increase of 15.3% compared to 2022, according to data from..
The due date for preventing the prospect of Borislav Sarafov taking the position of prosecutor general is drawing close, as is the deadline for..
During the night it will be cloudy with rainfalls in the western and central regions of Bulgaria, as snowfalls are possible in the..
Scattered showers
Cloudy
Rain / Snow
Rain
Snow