Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Parliament approves ten-year limitation period for obligations of natural persons

Photo: BTA

Bulgaria’s MPs approved at a second reading amendments to the Obligations and Contracts Act that enforce a ten-year limitation period for obligations of natural persons. The proposal was submitted by MPs from the United Patriots coalition. They contend that Bulgaria is the only EU country that has not yet introduced absolute limitation period for obligations of citizens. 

The Bulgarian Industrial Association has categorically opposed the introduction of a limitation period. According to BIA, the state interferes in private-law relations between equal subjects, for which the concluded contracts have the force of law, prioritizing the interests of one group of entities at the expense of another.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Freezing temperatures expected in most regions of Bulgaria on Friday

On Friday, the minimum temperatures in Bulgaria will be between - 20°C and - 5°C. In Sofia, it will be around minus 13°C.  During the day, it will be mostly sunny. There will be a weak, in the eastern regions to moderate wind from the..

published on 2/20/25 7:35 PM

Hackers claim they have data from the Supreme Administrative Court

Hacker group Ransomhouse announced on its website that it has data leaked from the information systems of the Supreme Administrative Court. As evidence, documents with lists of names and personal data of employees, as well as various documents have..

published on 2/20/25 6:38 PM

Bulgarian producers want more farmers' markets

The situation in the country illustrates the urgent need for the state to create conditions for holding more farmers' markets, where farmers can sell their produce directly to consumers. This was stated by the Bulgarian Farmers' Union in connection..

published on 2/20/25 5:31 PM