The compulsory Third Party Liability insurance for car owners may become more expensive due to changes in the Insurance Code, submitted by the government in parliament. This warning came from insurers who are dissatisfied with the planned removal of the 5,000 BGN cap on compensation for individuals outside the closest circle of people killed in a road traffic accident.
The 5,000 BGN cap was temporarily introduced until the adoption of a methodology for determining compensation amounts, but such a methodology has not yet been adopted. The European Commission considers the Bulgarian cap to be contrary to the 2009 Directive relating to insurance against civil liability in respect of the use of motor vehicles.
Before noon on Thursday, it will be mostly sunny, followed by cloudy skies and brief showers, mainly over western Bulgaria and the Central Balkan Mountains. In northwestern Bulgaria, the showers will continue until Friday night. It will be hot, with..
''Today, the European Commission and the European Central Bank categorically stated that Bulgaria meets the criteria for eurozone membership. This is a cause for pride for Bulgarian society, which in the late 1990s embarked on the path to be..
The President of the European Parliament, Roberta Metsola, addressed a brief message to Bulgaria in connection with the positive conclusions of the convergence report on Bulgaria's readiness to adopt the euro as of January 1, 2026: ''I welcome..
The legendary train “Orient Express”, will stop today at 12:45 p.m. at the Central Railway Station in Ruse, BTA reports. The..
'Legal changes have been drafted in response to the frequent road accidents involving trucks, ' said Grozdan Karadzhov, the Deputy Prime Minister and..
The fifth edition of the “Science for Business” forum, organized by the Bulgarian Academy of Sciences and the Bulgarian Small and Medium Enterprises..
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