Bulgarians May Face Stiff Penalties if "Hampering Investors"_x000d_

10.10.2003 Source: Novinite.bg

Bulgarians who "hamper foreign investors" to the country may face a BGN 200 to 4,000 fine, according to a fresh bill that was passed on Thursday. The country's special agency formed to stimulate foreign investments is also set to open sections in other countries in order to introduce their entrepreneurs to business opportunities in Bulgaria. The country’s National Statistics Institute will make reports on investors' initiatives once in every three months and provide the agency with that information.