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.
Two million laying hens have been culled in Bulgaria since an outbreak of avian influenza began in October. Over 40% of laying hens are affected by the disease. These alarming figures were reported to BNR by Ivaylo Galabov, chairman of the Union..
The first shipment of fresh nuclear fuel for the Kozloduy nuclear power plant has arrived at the port of Varna - West. The fuel, manufactured by the US company Westinghouse, was delivered by the Dutch-flagged ship Adamas, public broadcaster BNT..
EU Commissioner for Home Affairs Ylva Johansson visited the border crossing at Sofia Airport. Bulgaria's caretaker Interior Minister Kalin Stoyanov, showed Ms Johansson the new organisation of work after Bulgaria's accession to Schengen by air. The..
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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