Yes Bulgaria calls on President Radev to veto amendments to Bank Insolvency Act

Photo: BGNES

Yes Bulgaria Movement called on President Rumen Radev to veto the amendments to the Bank Insolvency Act adopted by the Bulgarian National Assembly on February 9. The project was proposed as a measure against the secondary looting of the assets of the bankrupt Corporate Commercial Bank. It was tabled to Parliament by MPs Yordan Tsonev, Hamid Hamid and Delyan Peevski from the Movement for Rights and Freedoms. According to Yes Bulgaria, the act contradicts fundamental principles of the Bulgarian constitutional model as well as the European law. “The provisions of this law are formulated in such a way that they would lead to legal chaos”, Yes Bulgaria further points out in its position.

More from category

Registry Agency director Zornitsa Daskalova resigns

The director of Bulgaria’s Registry Agency Zornitsa Daskalova has resigned. Minister of Justice Tsetska Tsacheva has accepted the resignation, the Ministry of Justice said shortly after Prime Minister Boyko Borissov met with Tsacheva. Daskalova..

published on 8/17/18 5:22 PM

Twelve wine & culinary destinations turn Bulgaria into four-season tourist offer

Minister of Tourism Nikolina Angelkova and representatives of local government and of the tourist and agricultural sectors have discussed at a roundtable in Bourgas a project for 12 wine and culinary destinations. This number is not accidental, and..

published on 8/17/18 3:45 PM

Bulgaria is among the countries with the highest inflation in the EU in July

Bulgaria is among the European countries with the strongest acceleration of inflation last month, reported on an annual basis, Eurostat data reveals. For July, inflation in this country was 3.6 per cent. In July 2017, inflation in this country was only..

published on 8/17/18 2:01 PM