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.
The Bulgarian National Radio and the Bulgarian Academy of Sciences have signed a Memorandum on the basis of which they will cooperate and carry out joint initiatives to promote the academy's scientific activities and research. The..
At today's meeting, the Supreme Judicial Council officially resumed the procedure for electing a new chief prosecutor. The election is scheduled for January 16, 2025, and candidates must present their concepts until October 24...
At a Bulgarian-Chinese business forum in Sofia, President Rumen Radev pointed out the advantages of the business environment in Bulgaria and the availability of highly qualified specialists. "Every car manufactured in Europe has..
Bulgaria ranks second in the world in terms of bread consumption after Turkiey, reported BNT citing the Turkish news site Yenigün. According to the..
Before the start of the new school year, the ''Give a Book'' Foundation is collecting notebooks, plimsolls, pencil cases and backpacks filled with school..
The Commission for Consumer Protection has ordered the immediate withdrawal from the market of two products known as energy sniff, which are inhaled..
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