EPP Group chair in the European Parliament, Manfred Weber, has sent a letter to EU's competition commissioner Margrethe Vestager, asking the European Commission to start a review of the deal between German carmaker Volkswagen and Turkey over building a new plant close to Izmir, BNT reported.
According to Mr. Weber, such a deal raised serious concerns about distortion of competition in the EU and loss of European jobs. All EU Member States are required to comply with strict rules on competition and state aid, while Turkey could grant state aid for produce that is to be later exported to Eastern Europe, Weber pointed out. According to him, all this was to the detriment of Bulgaria, which was a candidate for the new Volkswagen plant.
The nominated person for special manager for the four companies of "Lukoil Bulgaria" is Rumen Spetsov, Minister of Economy, Petar Dilov, said. "He meets all legal requirements", Dilov added. The decision was discussed at the Security..
We hope that today Bulgaria will receive a derogation from the US sanctions against Russian company Lukoil, such as the one in Germany - for 6 months. This was what Boyko Borissov, leader of the GERB party, said. In anticipation of..
The European Commission has temporarily put on hold the preliminary assessment of Bulgaria’s request for the third payment under the national Recovery and Resilience Plan, amounting to EUR 1.6 billion, informed sources in Brussels told BNR...
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
On Tuesday, overnight lows will range from 7°C to 12°C, rising to 12–16°C in eastern Bulgaria and around 9°C in Sofia. It will be a cloudy day with rain,..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
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