The International Dispute Resolution Center rejected Romania's request to terminate the proceedings initiated by Eurohold Bulgaria and Euroins.

The International Centre for Settlement of Investment Disputes (ICSID), affiliated with the World Bank, has announced that it has rejected the request of the Romanian Government to stop the arbitration procedure initiated by Eurohold Bulgaria AD and Euroins Insurance Group AD (EIG). The two companies contest the decision of the Romanian authorities to revoke their operating license, which led to the opening of this arbitration.

Therefore, the arbitration will continue, and the Romanian Government will have to respond to the allegations made by the two companies in this international process. This decision underscores the complexity of the relationships between foreign investors and Romanian authorities, in the context of market regulations and investment protection.