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.
The position of the Republic of Bulgaria is clear. We have no bilateral issue with the Republic of North Macedonia. This was what Prime Minister Rosen Zhelyazkov said in parliament and recalled that last week the National Assembly..
Bulgaria will send a new request for a second payment under the National Recovery and Resilience Plan in July, Deputy Prime Minister and Minister of Innovation and Growth Tomislav Donchev announced during parliamentary control...
The Commission on Protection of Competition, the National Revenue Agency and the Commission for Consumer Protection are joining forces against unfair traders who may use the introduction of the euro, as well as the period leading up to January 1,..
The balances in all bank accounts in Bulgarian levs will be automatically converted to euros from the date of the country's accession to the eurozone at..
At night, precipitation will stop and the cloudiness will break and decrease. In the morning hours, short-term fog will form in the..
"I have sent letters to all presidents and prime ministers of EU member states, in which I describe the real situation in our country — inflation, the..
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