Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

That is corruption: Interim Economy Minister Kiril Petkov about dam repairs

Interim Economy Minister Kiril Petkov
Photo: BGNES

Minister of Economy in the caretaker government Kiril Petkov stated, in an interview for bTV, that he will approach the prosecutor’s office over dam repairs with financing from the State Consolidation Company.

“That is corruption”,  he said, adding that the State Consolidation Company and the Bulgarian Development Bank, which handed out almost 1 billion Leva in credits to eight private companies, are linked. The State Consolidation Company received 500 million Leva from the state budget, but also took 130 million Leva from the Bulgarian Development Bank to pump money into dam repair.

Minister Petkov stated that he had asked to see the 10 dams already repaired, and that the priority dam among them was to be found some 30 kms. from the town of Lovech – in the middle of a field, without any town or village nearby and without any water. On the spot he saw a bizarre contraption – a soft drink bottle connected to the power supply measuring the water level.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Cloudy weather with rain and snow

Cloudy weather with rain and snow On Monday there will be considerable clouds over most of the country, with rain and snow in some parts of Bulgaria. There will be a light, in the Eastern part of the country to moderate Northerly wind...

published on 3/2/25 6:10 PM
Ivelin Mihaylov

Velichie’s Ivelin Mihaylov: Invalid ballots have been declared valid in favour of GERB, DPS, BSP and Vazrazhdane

The most widespread breach ascertained during the verification of the results from the latest election for parliament is connected with the registering of the valid and the invalid votes, Alexander Andreev, former chairman of the Central Election..

published on 3/2/25 4:54 PM

First storks for the year return to Podkrepa village near Haskovo

“A pair of storks, plus a solitary bird probably awaiting its partner, flew to the two nests next to the Holy Prophet Elijah church at dusk yesterday,” said Mayor Tatyana Georgieva. The village had only just put on their martenitsas , she joked,..

published on 3/2/25 2:50 PM