European Union

Bulgarian MEP Warns of Negative Impact of EU Visa Sanctions on Russia

The EU cannot plug the holes in Ukraine's economy, according to Bulgarian socialist MEP Ivaylo Kalfin.

Speaking at a meeting with Bulgarian journalists in Brussels, Kalfin argued that Ukraine could get assistance from the International Monetary Fund (IMF) and the IMF was the body which could solve the country's immediate problems.

Bulgaria to Introduce 'Substantial Market Power' in Competition Act

Socialist MP Kornelia Ninova announced that the concept of "substantial market power" would be introduced in Bulgaria's Competition Protection Act.

In a Thursday interview for bTV, Ninova explained that the Commission for Protection of Competition had been given 3 months to prepare the methodology and identify companies possessing substantial market power.

EU Freezes Bank Accounts of Ex-government Officials of Ukraine

The EU freezes the bank accounts of 18 former government officials of Ukraine as of Thursday. 

The list of names is not officially announced, but among them are the ousted president Viktor Yanukovich, his two sons, the former chief prosecutor Victor Pshonka, interior minister Vitalii Zaharenko, justice minister Olga Lukash and heads of Yanukovich's administration. 

Serbian military team completes tour with EU NAVFOR

DJIBOUTI, BELGRADE - The Serbian Armed Forces first autonomous team for protecting ships from pirates, which participated in Operation Atalanta of the EU Naval Force (NAVFOR), completed its tour of duty with NAVFOR on Tuesday.

A ceremony was held at the French base in Djibouti to mark the end of team's tour and they were presented with medals for their work with NAVFOR.

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