Bulgarian President Vetoes Part of Amendments to State Property Act

Politics » DOMESTIC | October 17, 2018, Wednesday // 12:22| Views: | Comments: 0
Bulgaria: Bulgarian President Vetoes Part of Amendments to State Property Act

Sofia. Bulgarian President Rumen Radev has vetoed a part of the amendments to the State Property Act adopted by the 44th National Assembly on 10 October 2018, said his press office, reports Focus News Agency. 

According to the president, the changes create an opportunity for hidden privatisation of companies from the prohibitive list under the Privatisation and Post-privatisation Control Act. It is unacceptable that instead of being a tool of protection a law becomes a decision that harms the public interest, President Radev said. He further said that the disposition of state or municipal property must be subject to clear rules that will protect it in all cases. The new rules affect basic elements and principles regarding the state’s rights in enterprises and in privatisation, the statement reads.

Domestic » Be a reporter: Write and send your article
Expats.bg All Are Welcome! Join Now!
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