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.
Vice President Iliana Yotova, Minister of Culture Marian Bachev and the Mayor of Montenegro's historic capital Cetinje Nikola Djurašković have named a street in the city after Bulgarian writer Ivan Vazov. In the Balkans, we share a common history,..
If the parliamentary elections were in May, the first political force would again be GERB, with 21.9% support. Second is "We Continue the Change - Democratic Bulgaria", with 14.9%, according to a representative survey by the Market..
201,794 foreign citizens with temporary protection resided in Bulgaria by the end of 2024, according to the report of the State Agency for Refugees. Applications for international protection have almost halved, the report shows. In..
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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