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BNB adopts amendments to ordinances on payment accounts
  • CMS Cameron McKenna
  • Bulgaria
  • September 20 2016

The Bulgarian National Bank (“BNB”) has approved an ordinance amending and supplementing Ordinance No 3 on the terms and procedure for the execution


Bulgarian law introduces the administrative contract
  • CMS Cameron McKenna
  • Bulgaria
  • September 15 2016

On 8 September 2016 final amendments to the Bulgarian Administrative Procedure Code were adopted, resulting in the introduction of the "administrative


Bulgaria: Amendments to BNB Ordinance regarding payment and e-money institutions
  • CMS Cameron McKenna
  • Bulgaria
  • September 14 2016

Recently, the Bulgarian National Bank (“BNB”) approved amendments to BNB Ordinance No. 16 on the licensing of payment institutions, e-money


CMS Guide to Energy Storage: Bulgaria
  • CMS Cameron McKenna
  • Bulgaria
  • September 1 2016

There are currently three operational pumped hydro storage projects in the Republic of Bulgaria. Their combined capacity is around 1.4 GW. All these


Bulgarian Renewable Energy Support Scheme approved by the EC Following 5 years of application
  • CMS Cameron McKenna
  • Bulgaria, European Union
  • August 17 2016

The European Commission (EC) has recently approved that Bulgarian state aid supporting the generation of energy from renewable sources (RES) from


Bulgarian court holds public procurement tender not required before utility licence is granted
  • CMS Cameron McKenna
  • Bulgaria
  • July 21 2016

A Bulgarian Administrative Court recently held that contracts signed by a company, without applying public procurement procedures, before it became a


Bulgaria is about to initiate its biggest military procurement campaign to date
  • CMS Cameron McKenna
  • Bulgaria, European Union
  • July 12 2016

Having implemented on schedule Directive 201424EU of the European Parliament and of the Council of 26 February 2014 on public procurement and


Bulgaria: Stress tests for insurers by the end of 2016
  • CMS Cameron McKenna
  • Bulgaria
  • July 12 2016

Proposed amendments to the Recovery and Restructuring of Credit Institutions and Investment Intermediaries Act, effective as of 14 August 2015


CMS Guide to the Battle of the Forms - Bulgaria
  • CMS Cameron McKenna
  • Bulgaria
  • July 6 2016

Under Bulgarian law, in commercial contracts, the Ts&Cs are binding for the other party, if the latter accepted them in writing. The written form of


Bulgaria adopts controversial amendments to the “Offshore Companies Act”
  • CMS Cameron McKenna
  • Bulgaria
  • June 23 2016

On 15 June 2016 the Bulgarian Parliament adopted long discussed amendments to the so called “Act on Economic and Financial Relations with Companies