Bulgarian Ombudsman to go to Constitutional Court, absolutely “stunned” by law passed by Parliament – Novinite.com

The Mediator Diana kovacheva is determined to seize the Constitutional Court if an amendment to the law on consumer credit, adopted Wednesday evening, is promulgated.
The amendment allows quick loan companies to charge debtors up to twice the principal amount (200%) as interest and penalties for non-compliance.
The text was adopted again by the proven method of the current ruling majority – in the transitional and final provisions of a different, unrelated law (in this case the law amending and supplementing the law on VAT). Thus, make significant changes in another law without correlation and without discussions – in the case of the law on consumer credit.
This happened on Thursday, when members of parliament spent most of the day on these amendments, around 180 pages, recalls lex.bg.
The text of the amendment was introduced by the independent MP Spas Panchev and occurred between the first and second reading of the VAT law.
The vote on this particular text was “packed” with 10 other paragraphs of the bill, on which no debate took place.
69 deputies voted “for”, 34 “against” and three abstained.
Kovacheva stresses that the text adopted arouses in her “absolute perplexity”, moreover, that she has repeatedly informed the deputies of the numerous complaints from people concerning unfair terms in contracts with companies for rapid loans, rates excessive interest, penalties, fees and the like.
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