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September 10, 2026

Bulgaria: New loan law, Sofia's record debt — FrontPages.eu, September 10, 2026

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Bulgaria

Thursday, September 10, 2026

📉 Loans

A new law introduced by the cabinet of Prime Minister Rumen Radev has abolished crucial safeguards for consumers taking out fast loans, with a case highlighting a borrower owing double the initial amount in just four months. This legislative change has drawn criticism and raised concerns about predatory lending practices. Meanwhile, the municipality of Sofia is poised to decide today on a record-breaking new debt of up to 367 million euros. This comes as the National Revenue Agency announced it would begin monitoring income from cryptocurrency transactions, signaling new economic oversight. The education crisis remains a top concern, with PISA results now being framed as a threat to national security, prompting the Ministry of Education to propose new disciplinary measures for students. In the political sphere, a protest has been organized in defense of journalist Georgi Angelov, while President Iliana Iotova's initiative committee faces scrutiny over the inclusion of former State Security collaborators.

Top Stories

A new law from the cabinet of Prime Minister Rumen Radev has removed crucial consumer safeguards for fast loans, leading to concerns about borrowers facing significantly increased debts. President Iliana Iotova's administration is reportedly preparing legislation to address high interest rates.

Mediapool: New Law by Radev's Cabinet Abolishes Key Protections for Fast Loans

A new law from the Radev cabinet has removed crucial safeguards for consumers taking out fast loans, with a case highlighting a borrower owing double the initial amount after just four months.

OFFNews: Loan sharks are expensive. Radev prepares law for higher interest on fast loans

President Radev is preparing a law to address high interest rates on fast loans, as current loan sharks are deemed too expensive.

Discussions are underway regarding the potential for significant improvements to the Supreme Judicial Council (VSS) in Bulgaria, including proposals for early release of its members, raising questions about the political will to implement these necessary changes.

Capital: Chance for a Much Better Supreme Judicial Council, But is there the Will?

This article discusses the possibility of improving the Supreme Judicial Council (VSS) in Bulgaria, questioning whether the political will exists to implement necessary changes.

OFFNews: Supreme Judicial Council members can be released early, we will change the…

A proposal suggests that members of the Supreme Judicial Council (VSS) can be released early, implying a constitutional amendment.

Capital: Business Breakfast: Candidates for the New VSS; Radov's Cabinet Creates New…

This report from a business breakfast covers the candidates vying for positions in the new Supreme Judicial Council (VSS) and the government's initiative to establish a new road safety agency.

The Sofia Municipal Council is scheduled to make a crucial decision today regarding a new, record-breaking debt of up to 367 million euros.

Sega: Sofia Decides Today on Record New Debt

The municipality of Sofia is scheduled to make a decision today regarding a new, record-breaking debt.

OFFNews: SOS decides today on a record new debt of up to 367 million euros

The Sofia Municipal Council (SOS) is set to decide today on approving a new record debt amounting to up to 367 million euros.

A protest is being organized in front of the Bulgarian National Television (BNT) to support journalist Georgi Angelov, who was recently taken off air, and to advocate for the independence of the public broadcaster.

OFFNews: Protest organized in defense of Georgi Angelov in front of BNT

A protest is being organized in front of the Bulgarian National Television (BNT) in defense of Georgi Angelov and for the independence of BNT.

The latest PISA results show a record decline in reading and mathematics scores among Bulgarian ninth-graders, with some analyses framing these results as a threat to national security. In response, the Ministry of Education and Science plans to propose new measures to improve student discipline.

Sega: PISA Results Are a Threat to National Security

A video analysis discusses the PISA test results, framing them as a threat to national security, with follow-up articles detailing proposed disciplinary measures and disparities in student performance.

Sega: Due to Weak PISA, Ministry of Education to Propose New Discipline Measures

In response to poor PISA results, the Ministry of Education and Science will propose new measures to improve student discipline.

Sega: PISA 2025: Our Ninth Graders Show Record Drop in Reading and Math

Bulgarian ninth-graders have achieved a record low in reading and mathematics scores in the PISA 2025 assessment.

Capital: Analysis | Stop Turning Students into Crash Test Dummies for AI

An analytical piece arguing against the uncritical adoption of AI in classrooms, warning that students might become unwitting test subjects for new technologies.

The political landscape is stirred by reports of 14 former State Security (DS) collaborators being part of President Iliana Iotova's initiative committee. Political analyst Dimitar Ganev also offered insights into the strategies of Boyko Borissov and the GERB party, while police searched a long-serving GERB mayor.

Sega: 14 DS Collaborators in Yotova's Initiative Committee

It is reported that 14 individuals who collaborated with the former State Security service (DS) are part of the initiative committee for Yotova.

Mediapool: Dimitar Ganev: Borissov Hid GERB, But Had No Useful Move

In an interview, political analyst Dimitar Ganev from Trend discusses the political strategies of Boyko Borissov and the GERB party.

Sega: Police Search Long-Serving GERB Mayor

Authorities are conducting a search of a long-serving mayor affiliated with the GERB party.

The National Revenue Agency (NAP) has announced it will commence monitoring income derived from cryptocurrency transactions, marking a new step in financial oversight.

Sega: NAP Will Now Monitor Cryptocurrency Income

The National Revenue Agency (NAP) has announced it will begin monitoring income generated from cryptocurrency transactions.

The Bulgarian government has secured an exemption from European Union sanctions on deliveries to Russia, specifically for the operational needs of the Kozloduy Nuclear Power Plant.

Mediapool: Government Exempted from EU Restrictions on Deliveries to Russia for Kozloduy…

The Bulgarian government has obtained an exemption from EU sanctions regarding deliveries to Russia, specifically for the needs of the Kozloduy Nuclear Power Plant.

New studies reveal a decrease in suicide rates across Bulgaria, though men are disproportionately affected. Separately, research explores the key factors contributing to a fulfilling life for Bulgarian citizens.

Capital: Study: What are the Factors for a Fulfilling Life for Bulgarians?

A new study explores the key factors that contribute to a fulfilling and satisfactory life for Bulgarian citizens, likely covering social, economic, and personal aspects.

Dnevnik: Suicides in Bulgaria Decreasing, But Men Affected Over Three Times More Than…

Suicide rates in Bulgaria are declining, however, men are over three times more affected by suicide than women.

The Bulgarian company EnduroSat has announced plans to launch satellites using rockets provided by a French company, marking a significant development in the country's space technology sector.

Sega: Bulgarian EnduroSat to Launch Satellites with French Rockets

The Bulgarian company EnduroSat has announced plans to launch satellites using rockets provided by a French company.

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