Oman’s sovereign wealth fund has withdrawn an 80 million euro claim against Bulgaria over the collapse of Corporate Commercial Bank (Corpbank), the Bulgarian finance ministry said.
EVN and Bulgaria reached an out-of-court settlement, under which part of the claims regarding the remuneration obligations for renewable energy were offset between a Bulgarian EVN subsidiary and the Bulgarian state-owned National Electricity Company.
Japan aims to set up a business forum to facilitate Japanese companies’ making inroads into Bulgaria so that those companies can discuss challenges they face with the Bulgarian government.
Bulgaria and Romania withdrew their objections to the EU-Canada Comprehensive Economic and Trade Agreement (CETA) after getting written assurances from Ottawa that Canada will remove visa requirements for Bulgarian and Romanian citizens from December 1 2017
The Bulgarian government will not back the signing of a free trade agreement between the European Union and Canada until it receives irrevocable guarantees that all its citizens can travel to Canada without visas, it said on Wednesday. Romania is demanding the same.
Canada and Bulgaria have come to an agreement on a roadmap towards visa liberalisation, while the Romanian government indicated that there is a good chance of the same being granted to them in the near future as well.
Czech utility CEZ has launched arbitration seeking hundreds of millions of euros from Bulgaria for failure to protect its energy investments
Meetings in various formats have been held between Canada, the European Commission, Bulgaria and Romania, in an effort to avoid a possible veto from Sofia and Bucharest on the Comprehensive Economic and Trade Agreement (CETA)
The next move toward ratifying Canada’s trade deal with the European Union is set when Immigration Minister John McCallum is expected in Brussels to resolve Canada’s long-standing visa dispute with Romania and Bulgaria.
The ratification the EU-Canada trade agreement hangs in doubt due to the refusal of Canada to introduce reciprocity with EU countries on visa policy, by lifting the visa requirement for Bulgarians and Romanians.
Civil protests were staged this weekend in coastal Varna and in Sofia themed “No to TTIP and CETA”.
The proposed Trans-Atlantic Trade and Investment Partnership (TTIP) is meeting increased resistance in Eastern Europe.
“Authors’ copyrights should not be placed above human rights,” Economy and Energy Minister Traicho Traikov said today,
Bulgaria and Macedonia signed an economic cooperation agreement on December 15 2008, Bulgarian news agency Focus said.
THE idea of a Balkan General Free Trade Agreement, to replace existing bilateral free trade agreements, received support at an Athens meeting of the Association of Balkan Chambers, the Bulgarian Chamber of Commerce and Industry (BCCI) said on December 12.