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.
Overnight, cloudiness will increase in the western parts of Bulgaria, while in the rest of the country it will remain mostly clear. On Tuesday, more significant cloud cover is expected over Western and Central Bulgaria. In the afternoon, cloud cover..
Bulgaria’s candidate for judge at the Court of Justice of the European Union , Associate Professor Alexander Kornezov, has been approved , lex.bg reports. In line with the Treaty of Lisbon, a panel of seven jurists recognised for their expertise..
From 1 January 2026, Bulgaria will join the Eurozone , and the lev and stotinki will become a thing of the past. While the new currency will have a different appearance, it will preserve familiar symbols and images. The designs of the Bulgarian euro..
Bulgarian students won four medals at the International Chemistry Olympiad (IChO). They earned one gold, one silver and two bronze medals at the..
Two helicopters from the Bulgarian Air Force are participating today in the firefighting operations in the Rila Monastery area . A Mi-17 helicopter with a..
Within seven days, the government will propose amendments to the Law on the Introduction of the Euro, setting out additional measures to tackle..
+359 2 9336 661