GERB opposition party has requested a hearing of Prime Minister Kiril Petkov in parliament over the proposal by Deputy Prime Minister Korneliya Ninova for force majeure to be declared in all intercompany contracts because of the war in Ukraine. According to the GERB parliamentary group, such a decision would put the legal system at risk of crashing, and would jeopardize the work of business operators.
According to Korneliya Ninova, the decision to declare force majeure would allow for deferring deadlines and would prevent contractual penalties. The proposal is for the force majeure period to be in place as of 24 February until the end of March and to be valid in all sectors of the Bulgarian economy.
The European Investment Bank is providing a €250 million loan to Bulgaria to support co-financing of priority projects under European programs in the period 2021-2027. The bank said the financing will strengthen the economy, boost..
GERB-SDS have sent an invitation for an "expert conversation" on forming a government to "Democratic Bulgaria", ITN and BSP. There will be no invitation to "We Continue the Change", GERB leader Boyko Borisov said. He asked President..
Today we are witnessing another stage in the deepening of our cooperation with the United States Trade and Development Agency (USTDA). This was what caretaker Prime Minister Dimitar Glavchev said at a ceremony in the Council of..
By December 31, the road from the Greek side to the Rudozem - Xanthi border checkpoint will be ready, said Christodoulos Topsidis, Eastern Macedonia and..
The Council of the European Union decided that checks at the land Schengen borders of Bulgaria and Romania will be lifted from January 1, the..
'Russia has allocated EUR 69 million for the spread of propaganda and significant interference in the internal affairs of Bulgaria and Romania',..
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