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.
Bulgarian Caretaker Prime Minister Dimitar Glavchev has met with the Prime Minister of the Netherlands Mark Rutte , the press service of the Council of Ministers announced. The talks were held at the invitation of Rutte in the framework of the..
''I am ready for a dialogue with the president at any time, as I have done so far'', said caretaker Prime Minister Dimitar Glavchev regarding the proposed changes in the composition of the caretaker cabinet. ''The responsibility for the ministers I..
Italy supports Bulgaria's full-fledged membership in the Schengen area, Italian President Sergio Mattarella said. Mattarella is on a two-day visit to Bulgaria at the invitation of President Rumen Radev. The two discussed the development of relations in..
Italy supports Bulgaria's full-fledged membership in the Schengen area, Italian President Sergio Mattarella said. Mattarella is on a two-day visit to..
Bulgarian Caretaker Prime Minister Dimitar Glavchev has met with the Prime Minister of the Netherlands Mark Rutte , the press service of the Council of..
The Bulgarian Socialist Party will send the parliamentary report on the gas contract with the Turkish state-owned energy company Botas to the..
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