Bulgarian Parliament Overturns Radev’s Veto on Lukoil Asset Bill
Photo: Bulgarian President Rumen Radev at the Budapest Demographic Summit 2023. Budapest, Central Europe. Date: 14 September 2023, 11:57 Source: Own work Author: Elekes Andor Licensing: This image is licensed under the Creative Commons Attribution-Share Alike 4.0 International license.
Bulgaria’s parliament has voted by majority to overturn President Rumen Radev’s veto on a bill regulating the possible sale of Lukoil’s assets in the country, Orda.kz reports, citing Bntnews.
Radev had previously vetoed the legislation, which was passed by parliament in late October. The law requires that any transactions involving Lukoil’s Bulgarian assets be carried out only under the supervision of the State Agency for National Security (SANS) and with approval from the Council of Ministers.
The president argued that the provision placed the government in a position of dependence on the security service, which he said contradicts the constitution.
With the veto now overridden, the restrictions take effect immediately.
Lawmakers backing the bill say the measures aim to prevent the resale of Russian-owned enterprises in violation of international sanctions.
Latest news
- Kazakhstan’s Credit Rating Upgraded for First Time in a Decade
- While Thousands Lost Power, KEGOC Executives Received Nearly Half a Billion Tenge
- Changi Airport Group May Help Build Astana’s New Airport
- US Again Extends Deadline for Lukoil to Sell Its Assets in Kazakhstan
- Kazakhstan Extradites Business Manager From Russia in 290 Million Tenge Tax Case
- Released Amur Tiger Successfully Hunts in Kazakhstan’s Wild
- Kazakhstan Moves to Develop Critical Minerals as Global Competition Intensifies
- Another Performance by Kazakh Stand-Up Comedian Called Off
- Uzbekistan Begins Preparations for Second Nuclear Power Plant
- Backpack Links Glacier Remains to Man Missing for 19 Years
- 650-Hectare Wildfire Contained in Karaganda Region
- Unusual Wildlife Encounter Captured in Altyn-Emel
- Retired Border Service Dog Sold for $2 at Kazakhstan Auction
- Will Kazakhstan Have Enough Coal This Winter?
- Belarusian Hikers Find Body on Glacier Near Almaty
- Kazakhstan Investigates Spending on 242 Million Tenge Educational Game
- Kazakhstan Makes Caspian Oil Companies Pay for Counterterrorism Deployments
- Kazakhstan Faces Shortage of 245,000 School Places
- Waste Dumping Reported Near Yurt Camps at Lake Zaisan
- Kazakh Oil Rerouted to Novorossiysk as Russia Frees Baltic Export Capacity
