Business | March 10, 2002, Sunday // 00:00

“There won’t be amendments to the Act on privatisation and post-privatization control after the presidential veto, “ Nikolay Vassilev told the Bulgarian National radio. President Parvanov sent back to Parliament for further consideration the new act on privatization and post privatisation control, adopted on February 21, 2002. According to Vassilev, the new act set the basis for fast, transparent and efficient privatisation. I cannot commit myself to a deadline and to a specific number of companies that will be privatised soon. “We expect these companies to be over ten and very soon will have an official strategy on the issue, “ Vassilev explained. In a separate development, the President's veto on the Privatization Act was overridden by the economic committee with the Parliament March 8. Eleven ruling majority MPs considered groundless all motives of the President. Georgi Parvanov's demand was supported by 4 votes of the MPs from Coalition for Bulgaria and the United Democratic Forces. The committee's stand will be submitted to the plenary hall to be debated next Wednesday.

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