Bulgarian firms worried by liability law

Draft rules require companies to provide financial guarantees to cover potential liabilities

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.

Please sign in to access this article. To subscribe, view our subscription options, or take out a free trial.

Please enter your details

Forgotten password?

Having trouble signing in?

Contact Customer Support at
subs@endseurope.com
or call 020 8267 8120

Not a subscriber?

Take a free trial now to discover the critical insights and updates our coverage offers subscribers.