EC to Wrap Up Anti-Trust Probe of Gazprom in Spring 2014
The EC aims to wrap up the investigation into Gazprom's alleged breaches of antitrust rules by spring 2014, according to European Energy Commissioner Guenther Oettinger.
Speaking Monday in Vilnius, Oettinger, as cited by ITAR-TASS, said that the European Commission needed some more months to finalize the probe.
Experts pointed out, however, that the estimate could prove over-optimistic.
EU Competition Commissioner Joaquin Almunia, who is in charge of the investigation, admitted in September that the EC had not committed to concrete deadlines as regards the investigation.
The EC launched the antitrust investigation at Russia's state-controlled natural-gas monopoly after a complaint of Lithuania in 2012.
The investigation over abuse of dominant position concerns Gazprom's practices in Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, and Slovakia.
Gazprom was accused of breaching EU antitrust laws by obstructing the free flow of gas through EU member states and the diversification of gas supply sources and charging customers unfair prices by linking the price of oil with the price of gas.
According to EU law, the fine for violating competition rules may reach 10% of the annual turnover of the company.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Bulgaria’s Defense Minister thinks there was an Explosion on Board Prigozhin’s Plane
Bulgaria's Minister of Defense Todor Tagarev admitted the possibility that an explosive device might have been planted on board the crashed plane in which Yevgeny Prigozhin was traveling
EC is Preparing Criminal Proceedings against Bulgaria for Accessing Data from Criminal Record Certificates
The European Commission has announced that it is preparing criminal proceedings against Bulgaria, Cyprus, Greece, Malta, and Portugal for incorrect application of the rules on the exchange of data on criminal records and the establishment of the relevant
The European Commission Started an Evaluation of the Bulgarian Recovery Plan
The European Commission has started an evaluation of the Plan for Reconstruction and Development of Bulgaria, said the spokesman of the European Commission Eric Mamer. The document was submitted to the Commission on 15 October.
Nearly 60% of Bulgarians are Skeptical about Adopting the Euro
58% of Bulgarians do not support the introduction of the euro as the official currency in the country. This shows a study prepared by Trend agency specifically for the financial forum NEXT DIFI 2021, organized by b2b Media for the fifth year. The data dur
Bulgaria Is Late to Explain Its Position on N.Macedonia Says Diplomat
Too late Bulgaria began to explain its own position towards North Macedonia, as it should have been clear to our European partners some time ago.
New German Government and Old Bulgarian "bad boy" Borissov
An SPD-led government in Germany has significant potential to sharpen international attention to the problems of corruption in Bulgaria.