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.
Skies will be overcast. Rain and thunder will fall in many places, especially in the eastern half of the country. Winds will be light to moderate, from east-southeast in eastern areas and west-northwest in the rest of the country. Temperatures will..
Acting chairman of the Bulgarian Socialist Party (BSP) Atanas Zafirov has withdrawn the papers submitted yesterday for the BSP’s independent participation in the early election for parliament on 27 October by the supporters of Kornelia Ninova, who..
Bulgaria is one of the leading countries in Europe in terms of the largest number of health problems per capita. The data were presented during the 11th Annual Congress of the Bulgarian Union of Balneology and Spa Tourism, which is..
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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