News

From Bulgaria Bookmark and Share

05.04.2018 12:26
The State would not intervene in the CEZ deal in any way, Mr. Goranov said
AUTHOR: publics.bg

  • A hearing of the temporary committee of inquiry

 The Bulgarian Minister of Finance announced that the Bulgarian state was not going to take part in the CEZ assets deal which started recently. The announcement was made at the meeting of the temporary committee of inquiry which aimed at establishing all the facts and conditions related to the privatization and the forthcoming sale of CEZ Group companies in Bulgaria. Mr. Goranov stated that the decision had been agreed upon with the PM Boiko Borisov. The reason was that the State considered its participation in the deal implausible. The Committee also listened to the opinion of the Prosecutor General, Sotir Tsatsarov, and the head of the Energy and Water Regulatory Commission, Ass. Prof. Ivan Ivanov.

As the Minister said, the executive power did not intend to intervene in private legal relations using legislative measures which do not fall within the jurisdiction of Bulgarian law. He also explained that the announcement of the intervention of the State in the deal, which was made about a month ago, was brought about by public expectations, as well as the “claims of the parties”.  Mr. Goranov warned that people needed to be careful when they talked about that deal since it was a private one. 
 
Sotir Tsatsarov, the Prosecutor General, informed the Bulgarian MPs that for the time being Ginka Varbakova and Slavcho Varbakov were subject to no pre-trial proceedings or cases. The same was true for “Inerkom Bulgaria” legal entity. The names of Ginka Varbakova and Slavcho Varbakov featured only in lease contracts cases with an Austrian company. Mr. Tsatsarov also said that Slavcho Varbakov had been charged with involvement in a tax crime related organized crime group. However, the case against him had been closed.
 
Ivan Ivanov informed the MPs at the temporary committee of inquiry that in the period between 2005 and 2018, the Energy and Water Regulatory Commission had carried out checks and audits in CEZ Bulgaria companies on a regular basis. As a result of these inspections, the Commission had imposed sanctions of 14,5mil.lv total on CEZ companies. As far as the CEZ deal was concerned, Mr. Ivanov reminded that the EWRC had no right to intervene in the deal at that moment, but it would be able to supervise the new owner’s activity.
 

TAGS: CEZ | deal 


All news from Bulgaria

No published comments
Login to comment


Interview

17.09.2020  Boyana Achovski, General Secretary of the international organization Gas Infrastructure
In both short and long term, gas will continue being part of the energy mix of Southeastern Europe
Full text

Events

No records in this category!

Poll

publics.bg asks: What will you use to heat your homes this winter?









 



We use cookies to ensure we give you the best browsing experience on our website. Find out more on how we use cookies and how you can change your settings.

Cookies

What are cookies ?

A cookie is a small text file that a website saves on your computer or mobile device when you visit the site. Cookies are widely used in order to make websites work, or work more efficiently, as well as to provide information to the owners of the site.

How do we use cookies?

Website use Google Analytics, a web analytics service provided by Google, Inc. ("Google") to help analyse the use of this website. For this purpose, Google Analytics uses"cookies", which are text files placed on your computer.

The information generated by the cookies about your use of this website - standard internet log information (including your IP address) and visitor behaviour information in an anonymous form - will be transmitted to and stored by Google including on servers in the United States. Google will anonymize the information sent by removing the last octet of your IP address prior to its storage.

According to Google Analytics terms of service, Google will use this information for the purpose of evaluating your use of the website and compiling reports on website activity.

We not use, and not allow any third party to use the statistical analytics tool to track or to collect any personally identifiable information of visitors to this site. Google may transfer the information collected by Google Analytics to third parties where required to do so by law, or where such third parties process the information on Google`s behalf.

According to Google Analytics terms of service, Google will not associate your IP address with any other data held by Google.

You may refuse the use of Google Analytics cookies by downloading and installing Google Analytics Opt-out Browser Add-on. The add-on communicates with the Google Analytics JavaScript (ga.js) to indicate that information about the website visit should not be sent to Google Analytics.

Cookies are also used to record if you have agreed (or not) to our use of cookies on this site, so that you are not asked the question every time you visit the site.

Google Analytics Opt-out Browser Add-on

How to control cookies?

You can control and/or delete cookies as you wish. You can delete all cookies that are already on your computer and you can set most browsers to prevent them from being placed.

All about cookies

Managing cookies in your browser

Most browsers allow you to:
  • see what cookies you have got and delete them on an individual basis
  • block third party cookies
  • block cookies from particular sites
  • block all cookies from being set
  • delete all cookies when you close your browser

If you chose to delete cookies, you should be aware that any preferences will be lost. Also, if you block cookies completely many websites (including ours) will not work properly and webcasts will not work at all. For these reasons, we do not recommend turning cookies off when using our webcasting services.
X