The mortgage system in Bulgaria is not transparent and very complex. A European Parliament delegation has come to this conclusion after a visit to the country in February. Among the problems are misleading behavior of private banks such as failure to inform about potential risks and misleading clauses in agreements, insufficient supervision of private bailiffs and difficult access to free legal aid for consumers.
MEPs have made recommendations on the identified problems to the Bulgarian National Bank, but describe their communication with the institution as "unsatisfactory", BNR correspondent Angelina Piskova reported from Brussels.
The exhibition “The Beauty of the Orthodox Spirit: Rare Old-Printed Books and Engravings from the Library of the Rila Monastery (16th–19th Century)” will officially open today at the Sts. Cyril and Methodius National Library, announced the Bulgarian..
On Thursday morning the rain will stop. Minimum temperatures will be between 8 and 13°C, in Sofia - 9°C. During the day, before noon, the rain will resume - more intense in the north of the country, where there will be thunderstorms and conditions for..
The agreement between Bulgaria's political party "Vazrazhdane" (Revival) and "United Russia" has raised questions and reactions, reaching the plenary hall of the European Parliament today . In addition to the Greens Group in the EP, Valérie Hayer, Chair..
The planned liberalisation of the electricity market for household consumers on 1 July this year will not take place, MPs decided at the first reading of..
Oil products of unknown composition and origin have once again washed up on a large stretch of the Pomorie coastline, in what appears to be a more..
Polish President Andrzej Duda, on an official visit to Bulgaria, discussed with Bulgarian President Rumen Radev Warsaw’s proposal that NATO member..
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