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Eurofast
Bulgaria is on the verge of a major economic change as it plans to adopt the Euro by 2025. There's also discussion about introducing the Euro as a secondary currency in 2024.
Kinstellar
The variety of ESG financing instruments allows for some flexibility in the choice of targets and KPIs; still ESG loans should follow the clearly established sustainable finance principles...
Eurofast
Аccording to the joint order of the National Statistical Institute (NSI) and the National Revenue Agency (NRA) from January this year, a company can submit...
Schoenherr Attorneys at Law
The market for non-performing loan (NPL) transactions is expected to grow, as a result of the COVID-19 pandemic. This article outlines some of the most important legal aspects around NPL transactions in Bulgaria.
Schoenherr Attorneys at Law
Under art. 90, par. 1 of the Bulgarian Contracts and Obligations Act, a party may refuse to perform its obligations if there is non-performance by the counterparty under the same transaction...
Ernst & Young Law Partnership
Secured Lending Comparative Guide for the jurisdiction of Bulgaria, check out our comparative guides section to compare across multiple countries
Kinstellar
The rapid growth of online shopping as a result of the COVID-19 pandemic has led to an increased demand for different payment options for consumers at the checkout.
Eurofast
recent years, Bulgaria has become one of the most attractive destinations for investments. The country is renowned as a center of operations for foreigners' businesses as a result of numerous
Schoenherr Attorneys at Law
On 10 July 2020 the Bulgarian lev and the Croatian kuna were included in the Exchange Rate Mechanism I.
Schoenherr Attorneys at Law
The Moratorium was not self-proclaimed by the Bulgarian Parliament as an overriding mandatory piece of law so the courts discretion in cross-border scenarios has been retained
Kinstellar
The new amendments bring the Ordinance in line with the provisions of Commission Delegated Regulation (EU) 2018/389 (the "Regulation").
Kinstellar
On 10 April 2019, a bill for amendment of Bulgaria's Recovery and Resolution of Credit Institutions and Investment Firms Act (the "Bill") was passed on first reading by the Parliament.
Schoenherr Attorneys at Law
The amendments provide new business opportunities to banks to enter into repo transactions and derivatives with Bulgarian pension funds.
Schoenherr Attorneys at Law
The amendments provide new business opportunities to banks to enter into repo transactions and derivatives with Bulgarian pension funds.
Schoenherr Attorneys at Law
The most popular Bulgarian security interests under credit transactions are special pledges, resembling English floating charges.
Kinstellar
There is hardly any major business that will not be affected by the entry into force of the EU General Data Protection Regulation (GDPR) on 25 May.
Wolf Theiss
On 7 March 2018 the Bulgarian Competition Protection Commission ("CPC") announced a sector inquiry into the banking sector in Bulgaria covering the period from 2015 to end of 2017.
International Law Office D. Vladimirov and Partners
Buying a property in Bulgaria through mortgage is a very popular option. A lot of people used it in the period 2000-2009.
European Union
Eurofast
Germany's assumption of the Presidency of the EU began on the 10th of July 2020. Along with it came the long-awaited announcement that Bulgaria and Croatia entered...
Eurofast
A business cannot function without a bank account. However, opening one nowadays has become – in some instances – a complex procedure that needs professional untangling.
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