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.
Before the session of the National Assembly today, GERB-SDS started talks with parties over future political actions in the new parliament. Party leader Boyko Borisov personally heads the negotiation team together with Raya Nazaryan,..
On November 13, in the Bulgarian pavilion at COP29, President Rumen Radev together with the Prime Minister of Greece, Kyriakos Mitsotakis, will open an energy forum, the press office of the head of state reported. The forum will..
On Wednesday night, there will be rain showers in the south-western regions of the country. At 500 meters above sea level the rain will turn to snow. There will be no precipitation in the north-western regions of Bulgaria. During..
The chairman of the Bulgarian Socialist Party-United Left urged the political forces in the new parliament to put their party selfishness aside so..
A government can be formed without DPS – A New Beginning, the Alliance for Rights and Freedoms, Vazrazhdane and MECH. All others can form a..
The prosecutor, overseeing the criminal proceedings against Dzheyhan Ibryamov , MP in the 51 st National Assembly from the Alliance for Rights and..
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