Public real estate is no longer exempt of the prescription rule
The Bulgarian Constitutional Court rules against the moratorium on acquisition by prescription of certain state and municipal urban real estate For more than a decade acquisition by prescription of state and municipal real property in Bulgaria has been suspended with the pretext of protecting public interest. In March 2022, this exception of the property law […]
Sanctions related to the military conflict in Ukraine: The impact on foreign entrepreneurs and ongoing transactions
The economic sanctions imposed on Russia and Belarus by numerous countries are intended to stop the military conflict in Ukraine and avoid the use of military force by NATO and the USA. Russia has responded with a few sanctions on foreign companies and restrictions on transactions or payment in foreign currency. Until this conflict is […]
Bulgarian government announces the first slate of measures to mitigate COVID-19 crisis within the state of emergency
On 13 March 2020 the Bulgarian government announced a set of measures in response to the expanding COVID-19 epidemic in the country within the frame of the state of emergency proclaimed by the Parliament earlier on the same day. As expected, the kindergartens, schools and universities remain closed, public gatherings are banned and all entertainment […]
