AmCham Rule of Law Reforms Initiative – Press Conference – Media Monitoring

On January 17, 2024, was the official presentation of the Rule of Law White Paper. The report was introduced by Ivan Mihaylov, CEO of the American Chamber of Commerce in Bulgaria, and Omourtag Petkov, Chair, Rule of Law and Legislative Reform Committee. Further presentation of the analysis was held by Andrey Yankulov, Anti-Corruption Fund, Assoc. Prof. Dr. Hristo Hristev, Sofia University, Georgi Atanasov, Partner at Dokovska, Atanasov & Partners, and assoc. Anastas Punev, Sofia University. The press conference occurred at the National Press Club of the Bulgarian Telegraph Agency (BTA) in the presence of journalists and Chamber partners.

Here is a short media monitoring overview:

BTA: A Real Change is Needed in the Response to Corruption in High Levels of Power and Politics, According to a Report on Justice in Bulgaria

“The great failure of the Bulgarian criminal justice system undoubtedly lies in the results of the so-called “high public interest cases”, says the “Report on the Rule of Law and the Business Environment in Bulgaria 2023″, which includes analyses by prominent lawyers in Bulgaria and was presented at the BTA National Press Club. The event was organized by the American Chamber of Commerce in Bulgaria.”


NOVA: Report: A Real Change is Needed in the Response to Corruption in High Levels of Power and Politics

“According to Omurtag Petkov – Chairman of the Committee “Rule of Law and Legislative Reforms” of the Chamber and partner in the law firm “Dzhingov, Guginsky, Kyuchukov and Velichkov”, the administrative burden has its price and it is a lost opportunity for business. “Every step to improve the legal environment will lead to an improvement of the business environment and the public environment,” Petkov further said.”


Mediapool: U.S. Business: Bulgaria is Failing with Corruption Cases

“Constitutional amendments will be needed to overcome the prosecution’s complete monopoly on the prosecutorial function. Provision should be made for judicial review of all prosecutorial acts for which the law so provides. By supervising the lawful exercise of prosecutorial powers, the court will not encroach on the sovereign right of the public prosecutor,” the report states.


Dnevnik: The Big Problem of Criminal Justice is Double Standards

“The American Chamber of Commerce in Bulgaria presented on Wednesday, January 17, at the BTA Press Club a White Paper on the Rule of Law 2023. Lawyers also analyzed the problems facing the implementation of anti-corruption legislation. This is an initiative with which the Chamber provides concrete solutions to solve the pressing problems of improving the business environment and investment climate in the country. “Dnevnik” published with abbreviations part of the summary of the report, presented by lawyer Andrey Yankulov – a former prosecutor and expert of the Anti-Corruption Fund. The title is the editorial.”


News.bg: Changes in the Constitution – the Devil in the Details Lurks for a Lost Hope

“Omurtag Petkov, Chairman of the Rule of Law and Legislative Reforms Committee of the American Chamber of Commerce in Bulgaria and partner at the law firm “Dzhingov, Guginsky, Kyuchkov & Velichkov”, explained that every step towards improving the legal system and the legal environment will lead to an improvement of the business environment in general, but also of the social environment. Judicial reform must continue as the rule of law is a huge issue, lawyer Petkov insisted.”


Euronews Bulgaria: Corruption in Bulgaria still Worries Foreign Investors, According to a Report by the American Chamber of Commerce

“In Ivan Mihaylov’s words, corruption continues to be among the topics that are of great concern to American investors in Bulgaria. The concerns, in his words, are related to the implementation of public procurement because there are still mechanisms that do not give equal access and even exclude certain companies, he added.”


BGNES: Ivan Mihaylov: Rule of Law is Way More Important for Attracting Investors

“Our main goal is to keep up the public discussion on the topic of rule of law, because it is important for the business and the society. Nowadays rule of law, as well as law enforcement, are way more important for attracting investors.”