The government has decided to terminate the memorandum with the investment fund Gemcorp for the construction of a battery park in Bulgaria, outgoing Prime Minister Kiril Petkov said for bTV. This would not entail payments for Bulgaria, Kiril Petkov added.
The offshore company Gemcorp Capital Management was founded by Atanas Bostandzhiev. Before founding Gemcorp, Bostandzhiev was CEO of VTB Capital, the British-based arm of Russia’s second-biggest bank VTB. According to western media, Gemcorp is connected to the Kremlin.
MP Desislava Trifonova asked in parliament “who actually brought the company to Bulgaria”. MP Trifonova also asked “why Bulgaria’s outgoing Premier had lied that he had ordered a counterintelligence probe into the firm and why he had lied that the company was recommended by the Unites States Embassy in Sofia and the British Embassy Sofia”.
Speaking to journalists during her visit to the town of Gotse Delchev in the Blagoevgrad region, Vice-President Iliana Iotova described the newly elected National Assembly as "illegitimate". According to her, the reports of violations and the..
On Friday, there will be fog in the valleys. The lowest temperatures will range between minus 5°C and 0°C, for Sofia around minus 3°C. It will be sunny during the day. The maximum temperatures will range from 14°C to 19°C, for Sofia around 16°C...
BSP and ITN will ask the Constitutional Court to give the full rights to form a caretaker cabinet back to the president, Borislav Gutsanov from BSP - United Left has told the BNR. "BSP-United Left will be the guardians of the..
2.5% is the necessary effort that our country must make in terms of defence spending, caretaker Minister of Defense Atanas Zapryanov..
Acting Energy Minister Vladimir Malinov told a briefing that neither he nor the Energy Ministry had any information about the sale of Lukoil Neftohim..
Metallurgy, heavy and mining industry are an irrevocable part of the full-fledged economic development of Europe. This was stated by Bulgarian President..
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