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President vetoes amendments to Privatization and Post-privatization Control Act, update

| updated on 7/24/18 5:34 PM
Photo: BGNES

President Rumen Radev has returned the bill, adopted by parliament, on amendments to the Privatization and Post-privatization Control Act for further discussion over certain provisions.

The president’s objections concern the paragraphs that will mean revising privatization contracts already concluded, to the detriment of the state and the public. The amendments in question cut down, retrospectively, the deadline set down for the commitments assumed by buyers of state property from 10 to 5 years. GERB party has announced that it will support President Radev's veto. 



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