The European Commission on Tuesday downwardly revised to 3.3 percent its estimates of the real Romanian economy growth this year, from a January forecast of 3.8 percent. The European Commission published on Tuesday its spring economic forecasts.
Bulgaria will allocate a total of 9.4 million BGN this and the next four years for the establishment of a World Bank office in the country. The estimates were made by the Ministry of Finance. According to them, this year the state budget will provide 1.4 million BGN, reports BNT.
This is the second such World Bank shared service centre outside America, the first one located in India.
The construction of the new World Bank office in Sofia will begin in July this year, with the project being carried out in several stages. Within two years, it must be completely ready. Within the first five years of its opening, over 300 people have to work there.
This information was confirmed by Finance Minister Vladislav Goranov, quoted by "24 hours".
The arbitration case brought by EVN against Bulgaria at the International Center for Settlement of Investment Disputes (ICSID) at the World Bank in Washington is over, writes Capital.
The decision has not yet been published, but the Austrian firm has announced that it will not be paid the damages sought, which, according to unofficial information, was about 500 million euros.