Parliament has voted to obligate insurance companies to reimburse unproven damages in the event of traffic accidents abroad.
The decision was not supported by Vazrazhdane, the Bulgarian Socialist Party (BSP) abstained. This case could have proved to be an obstacle to Bulgaria’s entry into the Eurozone.
The so-called Green Card, which guarantees reimbursement of damages incurred in traffic accidents caused by vehicles registered in another country, is valid in 48 countries. The Green Card system operates, via national offices with local insurers as members, following the principle “pay first, contest later”. The problem emerged in Bulgaria when Bulgarian insurers contested the grounds for damage claims from abroad, accumulating debts running to EUR 10 million.
Vice President Iliana Iotova has described the situation in Bulgaria as "extremely unstable". "There is a great danger of a serious political crisis that could make it impossible for us to cope with the Recovery and Resilience Plan, with the operational..
Bishop Sioniy, the abbot of the Troyan and Bachkovo monasteries, brought the relics of the Holy Patriarch Euthymius of Tarnovo to the Patriarchal Cathedral of St. Alexander Nevsky, which announced the event with a bell ringing. The shrine was..
The hacker "Emil Kyulev", who broke the database of state institutions, banks and legal entities, was caught The Sofia City Prosecutor's Office detained for up to 72 hours and brought as a defendant the hacker presenting himself online under the..
The hacker "Emil Kyulev", who broke the database of state institutions, banks and legal entities, was caught The Sofia City Prosecutor's Office..
Bulgaria has a crucial role to play in the connectivity of several regions. It lies at a crossroads between the Balkan Peninsula, the Eastern Mediterranean..
Tomorrow the weather in Bulgaria will be sunny, hot in the afternoon. Maximum temperatures will be mostly between 32°C and 37°C, in Sofia - around 32°C...
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