Within the European Union ( “the EU”) a new regime makes it possible to use cross-border legal instruments for protection of pecuniary claims and for effective implementation of judgments for cross-border debt recovery.
As of January 18th, 2017 Regulation (EU) No 655/2014 of the European Parliament and of the Council of 15 May 2014 (“the Regulation”) has become applicable in Bulgaria with the enforcement of the Law on Amending and Supplementing the Civil Procedure Code (“the CPC”) published in issue number 8 of the State Gazette (“SG”).
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