Stefan Zah

Bulgaria will not Pay EUR 500 Million to EVN

Published by Novinite on Mon, 04/15/2019 - 09:36

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.