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

EC rejects Bulgarian claims that banks sue debtors in line with EU law

Photo: library

The EC has formally rejected the position of the Bulgarian government that Art. 417 of the Code of Civil Procedure, according to which banks in Bulgaria sue their debtors in a fast-track procedure without the possibility for appeal, was in line with EU law.

The EC is currently considering measures that are to be taken against this country. This was announced by Dessislava Filipova, lawyer at the Bulgarian Center for European Integration and Human Rights. She added that one of the main schemes that banks used in breach of EU law in order to put debtors on their knees was the unilateral rise of interest rate.


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

One more group of Bulgarian citizens return from Lebanon

The first group of Bulgarian citizens evacuated from Lebanon with the help of Canada came home last night, the Bulgarian Foreign Ministry has announced. This took place in close coordination between the Foreign Ministry’s Situation Centre, the..

published on 10/5/24 9:25 AM

Warning of hazardous precipitation across Bulgaria

On Saturday, the lowest temperatures will be between 14 and 19°C; in Sofia - about 16°C. In the western regions, the highest temperature will be 19-20°C, while in the eastern regions of the country the temperature will reach up to..

published on 10/4/24 6:55 PM

EU's court lifts requirement for trucks to return to operational centre every two months

The Court of Justice of the EU has overturned part of European legislation requiring trucks for international transport to return every two months to the carrier's base. With its decision, the institution confirmed all other..

published on 10/4/24 4:31 PM