iPoint (iPoint.cz)
Czech markets  |  March 29, 2013 15:54:48

ČEZ filed a complaint against the Republic of Bulgaria to the European Commission

iPoint.czČEZ European Commission today sent a list of the facts which, according to her suggests that the method of granting and revocation of licenses in the field of energy, as well as some other administrative procedures that may be in conflict not only with the Bulgarian national as well as European law, but also with Treaty on the Functioning of the EU (namely the freedom of establishment and free movement of capital). Due to the regulatory process has been objected also Austrian company EVN, which has informed the Bulgarian side of the intention to conduct arbitrage reasons neochráněné investment.

"We were forced to accept this due to the fact that we face repeatedly negative interference by the Bulgarian institutions. We have asked the European Commission for an independent assessment of the situation in order to provide our Bulgarian companies objective and fair procedures, "explains reasons for filing a complaint Tomas Pleskac,Chief Distribution Officer and abroad. In particular, the method of initiating procedures for suspension of the license, which gave impetus to the Prime Minister and not an independent energy regulatory authority, which alone is examining this issue warranted. The withdrawal of the license also urged Attorney General. Such conduct is in breach of European law, the individual measures have not been implemented in the Bulgarian legislation, which creates conditions for erosion of independence of this institution. The Republic of Bulgaria as well as the Czech Republic voluntarily committed to meet all laws, directives and principles of membership in the European Union.

CEZ submitted a complaint to the European Commission, read the official report of the iPoint

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