Application for grants under OP “Innovations and Competitiveness” in connection with the COVID-19 pandemic

The Managing Authority of Operational Program “Innovations and Competitiveness” 2014-2020 (MA of OPIC) has announced for public consultation a selection procedure for projects “Support of micro and small enterprises to overcome the economic impact of the COVID-19 pandemic” under Priority Axis 2 “Entrepreneurship and SME growth capacity” of the operational program. The application conditions are […]
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Procedure for deferral and settlement of payables to banks in connection with the emergency situation.

Procedure for deferral and settlement of payables to banks and their subsidiaries – financial institutions in connection with the state of emergency declared by the National Assembly on 13.03.2020 arising from the Covid-19 pandemic. In accordance with the European Banking Authority’s Guidelines of 02/04/2020 – Guidelines on legislative and non-legislative moratoria on loan repayments applied […]
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Vladislav Goranov: There is no reason to worry about the euro

“No country has grown poor because of the euro, just the contrary – there is a sharp improvement in the economic situation”, the finance minister said. “If we look at the numbers, the state is developing very successfully. The incomes are growing in double digits, the average incomes already exceed 1300 BGN. When he started […]
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The deadline for declarations of inactivity is extended to June 30th

By law, by March 31, all companies that have not been active in the previous year must file a declaration with the Registry Agency. This is the deadline that expires soon after the state of emergency. Due to numerous inquiries from clients, Horozov & Partners Law firm recalls that with the still unpublished Emergency Measures […]
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EC: Measures against the epidemic should be proportionate and temporary

The measures taken by European Union countries against the spread of the coronavirus and affecting human rights should be proportionate and temporary. This was explicitly announced by the European Commission (EC) at a press conference. “Any emergency response to the COVID-19 epidemic must be proportionate and necessary in accordance with European and international human rights […]
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