Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

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. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Doncho Barbalov

Around 35% of Bulgaria’s exports to the United States could be affected by potential new US tariffs

''The negative impact on Bulgaria from a possible introduction by the U.S. of a 25% tariff on EU goods would amount to USD 678 million . This would mean a 0.49% annual decrease in the country’s total exports compared to the levels without..

published on 7/7/25 8:55 AM

In Gorna Oryahovitsa: An exhibition showcases the history of sugar

Gorna Oryahovitsa is the largest non-district town in Northern Bulgaria. It is located near Bulgaria’s old capital, Veliko Tarnovo, and is an important railway junction. To mark the 155th anniversary of its declaration as a town, the local History..

published on 7/6/25 12:25 PM

Historical festival with international participation takes place near Gabrovo

A historical festival in the "Gradishte" area, where the ruins of an early Byzantine fortress are located, is organized today from 10:00 to 22:00 by the Regional Historical Museum - Gabrovo. The event is on the occasion of 105 years..

published on 7/5/25 5:15 AM