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.
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 oldest MP, There Is Such a People's Silvi Kirilov, opened the inaugural sitting of the 51st National Assembly. ''Many dividing lines have been drawn in Bulgarian society. This is a problem which needs to be addressed by the National Assembly and..
A government can be formed without DPS – A New Beginning, the Alliance for Rights and Freedoms, Vazrazhdane and MECH. All others can form a government, GERB leader Boyko Borissov said before the inaugural session of the 51st National Assembly...
The chairman of the Bulgarian Socialist Party-United Left urged the political forces in the new parliament to put their party selfishness aside so..
The coalition GERB/SDS are beginning talks for discussing joint political action within the 51 st National Assembly, the GERB/SDS press centre has..
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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