Bulgaria Business Quits Plans to Block Greek Border

Business | February 1, 2010, Monday // 12:15
Bulgaria: Bulgaria Business Quits Plans to Block Greek Border Tractors block the border crossing in Promahonas, Serres prefecture, at the Greek-Bulgarian border blocking the border crossing for the third week in a row, resulting in kilometers-long queues of trucks and cars on both sides of the border. Photo by EPA

A Bulgarian business association has abandoned plans to stage a blockade of the Bulgarian-Greek border on Monday in response to the Greek farmers protests, which have incurred millions of euros of losses.

Following a meeting with Bulgarian authorities, the National Association of Bulgarian Business said their blockade of the Kulata-Promahonas border crossing point, prompted by the intermittent border blockade imposed by the protesting Greek farmers since the beginning of January, has been postponed.

“Our request to stage a blockade was turned down and we will comply with this order,” Svetlozar Nikolov, head of the association, commented on Monday.

Nikolov added that they agree with the officials' arguments that a blockade of the border woould eliminate the possibility for Bulgaria to claim compensations from the European Union.

Talks to resolve the three-week tractor blockade of highways and border crossings in Greece by farmers collapsed on Sunday, increasing the pressure on a government grappling with the country's worst financial crisis in decades.

The farmers refused to back down in the row, which is seen as a crucial test of Athens' determination to impose austerity measures that will salvage Europe's most indebted economy.

The blockade, which is believed to cost EUR 25 M a day, has disrupted transport, damaged commerce and strained relations with neighboring Bulgaria, where exports have also been hard hit.

Bulgaria is demanding compensation of EUR 10 M from its neighbor for the loss of business as a result of the farmers' actions along its southern border.

Business » Be a reporter: Write and send your article
Tags: Miroslav Naydenov, Kulata-Promahon, Serres, Greek farmers, blockade

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria