Loan payments moratorium introduced by BNB – mechanisms and implementation
The Bulgarian National Bank has adopted a procedure for deferring payment of obligations to banks and financial institutions in relation to the state of emergency declared on March 13, 2020. view more
Can criminal responsibility be sought for false statements declared when crossing the checkpoints of Sofia and other regional centers?
In the past few days, the topical discussion was on whether people who travelled across the country for the Easter holidays are threatened with criminal prosecution if it turns out that the circumstances they declared when exiting the regional centers were false. Legal opinions have also emerged, arguing that, contrary to the position of the official authorities, citizens are unjustifiably... view more
What are the amendments concerning payments in the State of Emergency Act?
A brief explanation regarding the payment obligations view more
Construction permit for first, second and third category of constructions to be issued electronically
Sofia Municipality expands the range of electronic services it provides. Firstly, now available is the option to electronically submit application for a construction permit by the Chief Architect of Sofia Municipality for primary development, extension, expansion of residential and non-residential buildings for sites of the first, second and third category and solid fences, integral part of... view more
PORTFOLIO GUARANTEES MEASURES AS REGARDS COVID-19 EPIDEMICS
Analysis of the portfolio guarantees to be issued by the Bulgarian Development Bank to commercial banks view more
Terms and Conditions for State Funding for Businesses during the State of Emergency
The state of emergency declared in the country has already seriously affected businesses. Some sectors of the economy are facing an unprecedented loss of customers and revenues which calls into question the fate of thousands of employees and the survival of particular businesses. view more
Zoya Todorova Commented on Some Topical Employment Law Issues for leading Bulgarian televisions
Zoya comments on important legal aspects of the state of emergency on Nova TV and TV Europe view more
Important tax amendments in relation to the state of emergency
Amendments to tax legislation aimed at economic relief for citizens and businesses during the period of emergency were introduced with the State of Emergency Measures and Actions Act, promulgated by a decision of the National Assembly of March 13, 2020 (the Act). We shall briefly analyse the key tax law issues which may arise post adoption of the Act. view more
Zoya Todorova Commented on Some Topical Employment Law Issues for TV Evropa
Zoya Todorova, head of the Employment Law Practice Group of Dimitrov, Petrov & Co. commented on some key aspects of the empoyment legislation, as well as on the enforceability of force majeure and hardship in the current unprecedented situation for TV Evropa. In the Business daily show, hosted by Dimitar Vuchev, Zoya discussed also the possible steps that employers and employees could take... view more