Ivailo Dermendzhiev, chairman of the Supreme Bar Council is to be one of the European Commission’s representatives as arbitrator in disputes connected with the EU-UK Trade and Cooperation Agreement. The process of selecting the arbitrators spanned more than a year, with a special committee selected by the European Parliament, the European Commission, the Council of the EU and the UK selecting the most suitable candidates.
Talking to the Bulgarian news agency BTA, Ivailo Dermendzhiev stated that his election came as recognition for him and for Bulgaria, as there are countries which are not represented by their own arbitrators. He was nominated by the European Commission.
The arbitration is among countries, not companies, and has to be completed within the space of several months. If an EU member country has any claims, it submits them to the European Commission, and the EU examines the case and launches a procedure against the UK on behalf of the member country in question.
Navigation Maritime Bulgare (Navibulgar) has announced that the sulphur-laden Vezhen, released by the Swedish authorities, will stop in Denmark for repairs and then continue its voyage to South America - Uruguay and Argentina - with minor crew changes...
The government will request an extraordinary convergence report to assess Bulgaria's readiness to join the eurozone. This is what Prime Minister Rosen Zhelyazkov told journalists in Brussels, quoted by BTA. He confirmed that joining the eurozone..
The Vezhen, detained for damaging a fibre optic cable in the Baltic Sea, has been released. The investigation found no evidence of sabotage. This was announced by the Swedish prosecutor's office. A few days ago, the Bulgarian vessel Vezhen, flying..
Economists and financiers have started a petition demanding that a request for an extraordinary convergence report on the introduction of the euro in..
The Deputy Chairman of VMRO, Carlos Contrera, called for a boycott of large food chains in Bulgaria ''because of high prices''. His call on Facebook..
Some of the existing mobile networks in Bulgaria will be switched off in 2025. The Chairman of the Communications Regulation Commission, Ivan..
+359 2 9336 661