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.
''There can be no stable government without Vazrazhdane'', the party's leader Kostadin Kostadinov told the newly elected 51st National Assembly. "Such a government can be formed, but it will neither be stable nor long-lasting", Kostadin Kostadinov..
"For the first time in 35 years, democracy in Bulgaria is in immediate danger and we must save it", said MP Nikolay Denkov from We Continue the Change – Democratic Bulgaria (PP-DB). Nikolay Denkov outlined some of the coalition's priorities,..
The recent elections set new trends in the Bulgarian political system. It now consists of one large formation, GERB-SDS, and many smaller parties, said GERB MP Toma Bikov, adding that it is impossible to form a regular government without GERB-SDS...
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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