Bulgaria Merges 2 Privatization-Related Agencies

Domestic | December 19, 2009, Saturday // 19:42|  views

Bulgaria's Parliament has voted to merge two state privatization agencies. Photo by BGNES

Bulgaria’s Parliament voted Saturday to merge the Privatization Agency and the Post-Privatization Control Agency.

The majority of the MPs supported amendments to the Privatization Act creating one large state institution called Agency for Privatization and Post-Privatization Control.

The proclaimed aim of the merger is to unite the capacities of the two presently separate agencies.

The measure has been put forth about two months ago by the rightist Blue Coalition which backs the ruling party GERB.

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Tags: Privatization Agency, Agency for Post-Privatization control, parliament, merger


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