An environmental liability law drafted by Bulgaria’s environment ministry is sparking business concerns, Dnevnik newspaper has reported. The draft obliges companies to provide financial guarantees to cover potential liabilities – a requirement that is left optional in the EU environmental liability directive that the law is meant to transpose (EED 29/05/06). Bulgarian business is worried that a lack of pollution risk assessment criteria will make it impossible to secure insurance cover, Dnevnik reported. See news report.
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