Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Bulgarian Watchdog Snubs EC Sanctions over Energy Rules
Date: 25/01/2013

Bulgaria's State Commission for Energy and Water Regulation, DKEVR, has already adopted one of the Electricity and Gas Directives, requested by the European Commission.

The statement was made Friday by the DKEVR Chairman, Angel Semerdzhiev.

It was reported Thursday that EC is referring Bulgaria, Estonia and the United Kingdom to the Court of Justice of the European Union for failing to fully apply the EU internal energy market rules.

According to the EC's press office, to date Bulgaria, Estonia and the UK have only partially transposed the Electricity and Gas Directives. The Directives had to be transposed by the Member States by 3 March 2011.

Economy and Energy Minister, Delyan Dobrev, blamed DKEVR for the EC case against Bulgaria.

Semerdzhiev, quoted by the Bulgarian National Radio, BNR, now says the remaining 3 directives will be prepared by DKEVR next week. He stated the deadline for the latter was mid-July and obviously no one had explained to Dobrev that a one year delay of all directives was included in the law.

"All four directives are ready, meaning we are actually done ahead of schedule. The entire process of negotiations with EC is led by the Economy and Energy Ministry and I have not seen any other deadlines than the ones written in the law. Thus everything that depended on us i.e. reducing twofold the deadline has been already done," Semerdzhiev declared.

He further explained it was unlikely Bulgaria will end up being sued for not applying European energy market directives.

Topic: Investments

Featured District
Invest Bulgaria Charts
Net Domestic Assets of Bulgaria
Net Domestic Assets of Bulgaria

Current Account as Percent of GDP
Current Account as Percent of GDP

See all charts
Did You Know?
The First Bulgarian Kingdom
The First Bulgarian Kingdom
At the time of its peak, the First Bulgarian Kingdom, was one of the largest countries in Europe ... More

Sliven municipality is situated in the south-eastern region of Bulgaria.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2020 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.

SEO оптимизация Bulgaria Translation Bulgarian Agriculture Bulgarian Textile Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.

Our Featured Members