“Even though the European Commission has been insistent that gas transmission be liberalized via denationalization, Bulgaria is categorical it will not privatize Bulgartransgaz,” said Deputy Prime Minister Tomislav Donchev. “Bulgaria’s answer is “No”, the Bulgarian representatives taking part in the working group this week have received very clear instructions,” Tomislav Donchev said and added that privatization of the gas infrastructure is unthinkable.
Bulgaria risks sanctions amounting to 300 million euro over violations of antitrust regulations on the gas market. The EC’s objections go back to March 2015. Brussels says that Bulgartransgaz is obstructing rivals from gaining access to key gas infrastructures in Bulgaria. Some weeks ago Prime Minister Boyko Borissov stated that Bulgaria would offer Brussels an option that would mean the state retaining its ownership, but separating it from the operator. Donchev commented that privatization in the country had more or less been completed but that the state was yet to let go of its residual interest in different companies. “I see no reason for the country to get involved in sectors such as hotel keeping or real estate,” he said by way of example.
The positive convergence report will have a positive impact on people's standard of living and purchasing power, as well as on the country’s business environment, Bulgaria’s Minister of Economy Petar Dilov said in an interview with public service..
According to the Institute for Market Economics , today marks the so-called Tax Freedom Day , reported BNR’s correspondent Natalia Ganchovska. This is the day on which taxpayers stop working to pay their taxes and start working for..
“Bulgaria’s accession to the euro area will have a positive impact on the economy, the people, the business sector and the whole country”, said Minister of Economy Petar Dilov in an interview with public service broadcaster BNT. ''On January 1,..
According to data from the Bulgarian National Bank, household bank loans in Bulgaria surpassed €25.5 billion mark , reaching €25.59 billion by the end of..
+359 2 9336 661