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Fight about Marine and River Fleets Starts
MPs ban BM and BRF sale, No.1 Privatizer threatened to resign. BG should pay damages to consultant of 2 ventures
The strategic companies' sales are about to set at odds MPs and privatizers. A week before the New Year the MPs of the economic committee all of a sudden entered Bulgarian Marine (BM) and Bulgarian River Fleet (BRF) on the privatization black list. A contract has already been sealed with a consultant to draw up the privatization strategy for the Fleet. Now the government should pay penalties. Thirty percent of both companies were envisaged to be sold out on the stock exchange against compensatory instruments. Apostol Apostolov, director of the Privatization Agency (PA), even said a couple a days ago before the media, that he was ready to hand in his resignation, if the market privatization was to fail. And this is about to happen when the two juicy morsels are to be banned from privatization.
The prohibitory list will soon be voted in the plenary hall. Whether the MPs back up the step is nothing but guesswork so far. Yet, it's clear that the grounds for putting BM and BRF on the list are not credible enough.
Nevena Mircheva
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