On September 25, 2014, the EBA announced that it had begun an investigation  into an alleged breach of European Union law by national regulators in the  Republic of Bulgaria. It is alleged that the regulators may have breached  requirements under the Deposit Guarantee Scheme Directive that depositors  should be compensated no later than 25 working days after the unavailability of  deposits. 

The EBA’s announcement is available at:

http://www.eba.europa.eu/-/ebainvestigates-possible-breach-of-eu-law-in-bulgaria.