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

Light rainfall is possible in southern Bulgaria, warming continues

On Thursday, minimum temperatures will range between 6 and 11°C across the country. Along the Black Sea coast, they will reach 13 to 16°C , while in Sofia they will drop to around 7°C. In the morning, visibility will be reduced in some low-lying areas..

published on 10/22/25 7:05 PM
Valérie Hayer

Renew Europe calls on the European Commission to urgently send a mission to Bulgaria

The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to Bulgaria to assess the rule of law situation and to freeze all payments under the Recovery and..

published on 10/22/25 6:12 PM

Young doctors to receive long-awaited pay rise

“At coalition level, we have decided to meet the demands of young doctors regarding salary levels,” said Kostadin Angelov, chair of the parliamentary health committee, at a meeting of the panel, as reported by BNR's Mila Mladenova. Young doctors..

published on 10/22/25 4:55 PM