Bulgarian National Radio © 2020 All Rights Reserved

Manfred Weber: Volkswagen deal with Turkey is to the detriment of Bulgaria

Manfred Weber
Photo: BTA

EPP Group chair in the European Parliament, Manfred Weber, has sent a letter to EU's competition commissioner Margrethe Vestager, asking the European Commission to start a review of the deal between German carmaker Volkswagen and Turkey over building a new plant close to Izmir, BNT reported.

According to Mr. Weber, such a deal raised serious concerns about distortion of competition in the EU and loss of European jobs. All EU Member States are required to comply with strict rules on competition and state aid, while Turkey could grant state aid for produce that is to be later exported to Eastern Europe, Weber pointed out. According to him, all this was to the detriment of Bulgaria, which was a candidate for the new Volkswagen plant.


More from category

Bulgaria reports highest number of Covid-19 recoveries in past 24 hours

3,712 new cases of Covid-19 have been confirmed in Bulgaria in the past 24 hours out of 8,820 PCR tests performed, data of the Single Information Portal show. 42.08% of the PCR tests have returned positive. The number of active cases reached 87,073. A..

published on 11/26/20 8:55 AM

First strategic meeting under BeamUp lab project begins

The first strategic meeting of the specially developed Programme for promoting the growth of startups, small and medium companies “BeamUp lab” which started on November 3 is expected to begin today. The programme is developed at the initiative of the..

published on 11/26/20 5:00 AM

Bulgarian president vetoes amendments to VAT Act

Bulgaria's President Rumen Radev has imposed amendments to the VAT Act. They introduce new provisions in the Consumer Loans Act, which the head of state defines as "inadmissible" and "legally intolerable", BNR reports.  With some of the approved..

published on 11/25/20 7:12 PM