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  April 27, 2015 

Rodina Sydney - the Bulgarian Community and Culture Association

The Bulgarian Community in Sydney

The Bulgarian Community and Culture Association "Rodina" is the focal point for Bulgarians and the Bulgarian culture in Sydney and New South Wales.  We organise regular BBQs, dances and social events as well as support the Bulgarian School in Sydney.  Our community includes people with Bulgarian heritage, partners of Bulgarians and people interested in the Bulgarian Culture.  As part of Multi-Cultural Australia we aim to contribute and enrich its diverse culture.  We also provide orientation and help for Bulgarians newly arrived in Sydney and New South Wales.

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Bulgaria’s Ruling Party Proposes 10-Year Limitation Period for Natural Persons
Monday, 27th April 2015

Ruling party GERB (Citizens for European Development of Bulgaria) has proposed the introduction of an absolute limitation period of ten years for debts of natural persons.

GERB has submitted to Parliament proposals for changes to the Obligations and Contracts Act which are available on the website of Bulgaria’s Parliament.

“Bulgarian legislation sets out a well-defined bankruptcy procedure for traders but when it comes to natural persons who are not involved in commercial activities the situation is very different,” the initiators of the legal amendments say, stressing that most European countries have regulations on the bankruptcy of natural persons.

“The introduction of the absolute limitation period of ten years for natural persons is an alternative solution aimed at avoiding the problem of the “eternal debtor,” GERB MPs state.

Bulgaria is currently the only EU country which lacks provisions regulating the bankruptcy of natural persons.
Romania started a procedure to adopt rules on the bankruptcy of natural persons and the provisions are expected to become final soon, according to reports of investor.bg.

At the end of 2014, Economy Minister Bozhidar Lukarski announced that the Justice Ministry was preparing legal provisions to regulate the matter.

Meanwhile, the ABV party (Alternative for Bulgarian Revival) submitted to Parliament a draft Law on Protection in Cases of Over-indebtedness of Natural Persons including provisions on the bankruptcy of natural persons.



ABV's Reelected Leader Demands Reshuffle in Bulgaria's Govt
Monday, 27th April 2015

President (2002-2012) Georgi Parvanov, who was reelected Sunday as Chair of his ABV party, has insisted that Bulgaria's cabinet should undergo certain changes

Parvanov, whose Alternative for Bulgarian Revival (ABV) has a minister in the current government, stepped down earlier this year over his party's support in Parliament for a bill allowing the cabinet to take on some BGN 16 B in new debt.  Parvanov is not an MP himself.

He told delegates at a congress of ABV which overwhelmingly approved his candidacy on Sunday that either one of a handful of ministers or his party could quit the cabinet, withdrawing its support and turning into opposition.

Ministers in his list include Nikolay Nenchev (defense), Daniel Mitov (foreign affairs), Temenuzhka Petkova (energy) and Todor Tanev (education).

The former head of state did not set any deadline for the moves, but openly attacked policies at the five ministries, calling Nenchev and Mitov's activity "harmful to Bulgaria".

Energy policy is, in his words, "a failure", while the education system is undergoing "strange things".

Parvanov tied ABV's role in the government to lawmakers' support for a social reform package proposed by Deputy PM and Social Policy Minister Ivaylo Kalfin.

A decision by ABV's minister Kalfin to quit the government would destabilize the minority coalition, but would not make it collapse since its majority in Parliament is secured by the nationalist coalition Patriotic Front.

 



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About Us

The Bulgarian Cultural and Social Association "Rodina" promotes Bulgarian culture, traditions and language among the Bulgarian community in NSW.  For over 30 years we have been fostering knowledge and understanding about the Bulgarian culture and history by organising social events, forums, exhibitions, performances and other public initiatives.  We seek to strengthen the social, economic, educational and cultural ties between Australia and Bulgaria.  Therefore, maintaining a close relationship with Australian organisations and institutions in Australia is of significant importance to us.  As part of Multi-Cultural Australia we aim to contribute and enrich its diverse culture.  Rodina collaborates and co-operates with other Bulgarian and cultural organisations in Australia.