EC Opens Infringement Procedure against Bulgaria for Failure to Transpose EU Directive on Distance Financial Services Contracts 2026

Balgarianovinite.com The European Commission decided to open infringement procedures by sending a letter of formal notice to 21 Member States (Bulgaria, Belgium, Czechia, Germany, Estonia, Greece, Spain, Croatia, Ireland, Cyprus, Latvia, Luxembourg, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Finland and Sweden) for failing to communicate complete transposition of Directive (EU) 2023/2673 on financial services contracts concluded at a distance. The Directive establishes rules enhancing the level of consumer protection for financial services sold at a distance, such as over the phone or online, notably by introducing a ‘withdrawal button’ that allows consumers to withdraw from a contract with a single click, the EC said in a press release on Friday.
Member States had until December 19, 2025, to transpose the Directive into their national law. The 21 Member States mentioned now have two months to respond to the letters of formal notice and notify their complete transposition measures to the Commission, the press release added. EC Opens Infringement Procedure against Bulgaria for Failure to Transpose EU Directive on Distance Financial Services Contracts 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-01-30 15:05:56 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law