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

Coordinated operation targets online crime and narcotics in schools

To coincide with the start of the new school year on 15 September, Bulgaria’s prosecutor’s office and Ministry of the Interior have launched a nationwide operation targeting drug trafficking near schools , shopping centres, nightclubs and other places..

published on 9/12/25 1:58 PM
Grozdan Karadzhov

Bulgaria urges new Danube bridge at Silistra to strengthen EU transport corridor

A new bridge over the Danube River between Bulgaria and Romania is needed in Silistra, Deputy Prime Minister and Minister of Transport Grozdan Karadzhov said during a visit to the town. “In addition to the second bridge in Ruse, there should be two..

published on 9/12/25 1:38 PM
Atanas Atanasov

The fifth motion of no confidence against the cabinet will be over 'Justice and Internal Order'

The coalition "We Continue the Change – Democratic Bulgaria", the "Alliance for Rights and Freedoms", and the MECH party will submit to parliament the fifth motion of no confidence against the government of Prime Minister Rosen Zhelyazkov. The topic..

published on 9/12/25 11:15 AM