Bulgaria blocks Greek border

The Bulgarian Business Association took a decision to block the Ilinden and Kulata boarded checkpoints on February 1 in response to the protests of Greek agricultural producers along the Bulgarian – Greek boarder, the Chairman of the association Svetlozar Nikolov announced.

In his words their actions aim to attract the attention of the President of the European Commission José Barroso, the Bulgarian Prime Minister Boyko Borisov and his Greek counterpart Geórgios Papandréou regarding the problem with Greek banks in Bulgaria.

In a letter to the prime minister the association expressed its indignation from the fact that Greek financial institutions hold 40% of the Bulgarian bank market. The association demands that Greek banks sign an anti-crisis programme for renegotiation with all their Bulgarian clients.