On Friday 16 June 2017, the European Commission concluded that Bulgarian support measures for the publicly-owned railway incumbent BDZ are in line with EU state aid rules.
Following Bulgaria’s notification in 2011 of a restructuring plan for BDZ, the Commission opened an in-depth investigation in November of that year as it felt that the initial plan included several measures that could give an economic advantage to BDZ.
During the investigation, the Commission focused on the...