By a government decision, as of today an interdepartmental council is being set up for the screening of foreign direct investments. It will examine the applications submitted for making foreign direct investments in Bulgaria by investors registered in third, non-EU countries. The interdepartmental council will issue or refuse permits for foreign direct investments, in accordance with the requirements of the law.
“The capacity for screening investments already made are severely restricted, and will only take place in certain instances, at the initiative of a competent body with the aim of avoiding subjectivity,” the government decision reads.
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