Insight

Bulgaria’s exclusion of certain bank deposits from the deposits guarantee breaches an EU Directive

February 24, 2017


In this article BOYANOV & Co. presents a critical analysis of Bulgarian legislation governing bank deposits guarantee excluding from the guarantee deposits solely because they had a higher interest rate than the standard one provided by the bank.

The article was written by Damian Simeonov, Partner and Co-Head of BOYANOV & Co.’s Banking and Finance Practice Group.

Download the full text of the article


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