Bulgaria’s National Assembly rejected President Rumen Radev’s veto on amendments to the VAT Act. The amendments introduce new provisions to the Consumer Loans Act which Bulgaria’s head of state Radev called “inadmissible” and “legally intolerable”.
The new texts envisage that non-bank financial institutions can charge a double penalty to consumers if they fail to fulfill their obligations under a loan agreement. The proposal was submitted by the independent MP Spas Panchev. The Bulgarian Socialist Party called the adopted amendment “social genocide, BNR reporter Daniel Inkov reports.”
“There is no change, Bulgarian troops are not going to be sent to Ukraine,” said PM Rosen Zhelyazkov in a comment about the meeting between US President Donald Trump and French President Emmanuel Macron at the White House. “The institutions in..
Bulgaria is to take part in common procurement procedures in the sphere of defence at an EU level, under projects for the acquisition of IRIS-T air defence systems and CAESAR self-propelled howitzers. The Ministry of Defence applied for and..
Bulgaria has submitted a request for an extraordinary convergence report based on the understanding that the country meets the criteria for entering the Eurozone, Prime Minister Rosen Zhelyazkov said at the opening of a new production facility in..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official..
Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security..
The common will and economic potential of the two countries are important prerequisites for the upward development of bilateral relations, said President..
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