On Thursday 15 July, the European Commission decided to refer Bulgaria to the Court of Justice of the European Union (CJEU) for continuously failing to connect its national trade register to the Business Registers Interconnection System (BRIS) and therefore breaching Directive 2017/1132 relating to certain aspects of company law.
The deadline for Bulgaria to connect to BRIS was 8 June 2017. “More than 4 years after that deadline and despite repeated calls by the Commission, Bulgaria is...