Amendments to the Ownership and Use of Agricultural Land Act have been presented for public consultation. Land owners will have two more years to establish where their properties’ true boundaries lie. Agricultural offices will have five more years to satisfy the claims of land owners. The termination of land restitution concerns nearly 1 million Bulgarians and 80,000 farmers, the impact assessment reads.
Many Bulgarians who claimed the true boundaries of their property won their cases against Bulgaria at the European Court of Human Rights.
The financial situation in the country is critical, Finance Minister Temenuzhka Petkova says. Which means that the good news – the slowing inflation rate (on an annual basis) and Bulgaria’s full accession to the Schengen area at the beginning of the..
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating reflects the rating agency's expectations that Bulgaria's debt and creditworthiness indicators will remain..
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%. On..
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