Operators bullish as Bulgaria prepares border closures

22-May-2003

As the Bulgarian government prepares to draft a plan to close the country's border duty-free stores, operators remain confident that the move will be blocked

This week the country's finance minister announced that 44 stores would be closed in a bid to fight the grey market, and to prepare the way for Bulgaria's planned accession to the EU in 2007. No fixed timeframe for the closures has been announced.
Bookmark This Article

Delicious    Digg    StumbleUpon    Facebook

Your Comments On This Article

Name:
Email:
- Not displayed on website
Comments:
Please note:
Only alpha-numeric characters allowed for comments
Security Image:
Please enter image text in the security code field
Security Code:
 

Related Stories

Articles bearing the symbol  require subscription.

(3-Jun-2003) - BULGARIA. As Bulgaria?s government prepares to draft a plan to close the country?s border duty-free stores, operators remain confident that the move will be blocked.
(16-Jan-2004) - BULGARIA. Duty Free Association chairman Radostin Genov told DFNI that operators expect the government to address the re-opening of diplomatic shops, which closed throughout Bulgaria in 1999
(18-Jun-2003) - BULGARIA. Representatives of Bulgaria?s duty-free operators have met finance minister Milen Velchev in an attempt to stave off the proposed closure of the country?s border duty-free stores.
(8-Jul-2003) - The Bulgarian Association of Duty-Free Enterprises has called for international support in the fight to retain its border duty-free business. Operators are to seek parliamentary reprise from last week's decision by the finance ministry to close the country's port and border stores on January 1 2004.
(15-Jun-2004) - BULGARIA. Bulgarian border store operators are likely to have their rent payments to the government suspended under proposed legislation