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.
On Friday, the minimum temperatures in the country will be between 2 and 7°C, in Sofia - 1°C. Clouds will be significant, with broken clouds along the Danube. It will rain in the Rila-Rhodope area in the afternoon. Rain will cover southern Bulgaria by..
The National Assembly has approved the National Health Strategy 2030. The document sets out three main objectives: sustainable improvement of health and the living environment; ensuring health security and reducing inequalities; and efficient management..
The Sofia Court of Appeal has permanently remanded the former head of the National Customs Agency Petya Bankova and businessman Stefan Dimitrov in custody. The decision is not subject to appeal. National Customs Agency head Petya Bankova..
The MPs from the National Assembly Energy Committee have postponed by one year the full liberalization of the electricity marker. According to the..
Seventh-grader Kaloyan Geshev from the 125th High School "Boyan Penev" in Sofia became a three-time champion in mental calculation. He won first place..
President Rumen Radev did not say whether he would sign decrees for the replacement of two ministers – the Minister of Foreign Affairs and the Minister..
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