Lawmakers head into the plenary chamber this week to consider a new consumer credit bill proposed by the Council of Ministers. That's according to Parliament's weekly schedule, published on the institution's website.
The bill caps total costs for certain short-term loans and for loans up to three times the minimum wage. It also expands requirements for information in contracts and advertisements, as well as for how lenders and intermediaries deal with customers.
Stricter rules are also set out for assessing applicants' creditworthiness, with the goal of preventing people from sinking into debt. Lenders will be required to have ready options for customers struggling to make payments — refinancing, payment deferrals or changes to contract terms. The Consumer Protection Commission, meanwhile, will advise people having trouble paying off their loans.
The agenda also includes a first reading of amendments to the Insurance Code, submitted by Daniel Parushev of Progressive Bulgaria together with a group of MPs. According to them, the Financial Supervision Commission will be able to decide on its own, without waiting for a proposal from the Guarantee Fund's Management Board, how to cover shortfalls in the funds — making the response to a need for additional financing faster. The amendments separate insurers' advance annual contributions from additional contributions and clarify exactly how advance payments are calculated.
MPs will discuss a draft decision to repeal another parliamentary decision from October 31, 2025. That decision had introduced a temporary restriction on exports and intra-EU deliveries of petroleum products to other EU member states.
The agenda includes a first reading of amendments to the Law on the Prohibition of Chemical Weapons and on Control of Toxic Chemicals and Their Precursors. The amendments were submitted by the Council of Ministers. Changes to the Criminal Code are also planned.
Parliament is set to ratify the Fifth Amending Agreement to the Framework Agreement between the Bulgarian government and the European Investment Fund under the JEREMIE initiative. Alongside it, the Fifth Amending Agreement to the Financial Agreement with the fund under the same initiative will also be ratified.
MPs will review, on first reading, amendments to the Law on Ownership and Use of Agricultural Land. They will also discuss amendments to the Law on the Supply of Digital Content and Digital Services and on the Sale of Goods.
The weekly agenda also includes amendments to the Railway Transport Act, as well as to the Law on Protection Against the Harmful Effects of Chemical Substances and Mixtures — both on first reading.
On Friday, MPs will hold the usual parliamentary question time.
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