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.
Saturday will be hot and sunny. Cumulus clouds will develop over the mountainous areas in the afternoon, but there will be no rain. There will be light to moderate east-northeast winds in eastern Bulgaria. Maximum temperatures will be between 32°C and..
In 2022, 2.78% of the population in Bulgaria was experiencing water shortages (drought), mainly on a seasonal basis. The most affected districts are Lovech (24.9%), Targovishte (19.0%), Blagoevgrad (14.8%) and Pernik (12.9%), according to the National..
The Ministry of Finance has drafted a law on crypto-assets markets to regulate trading in this type of instruments, BNR’s Radio Sofia reports. The initiative comes in response to the European Markets in Crypto-Assets Regulation (MiCA) which comes..
Any action that creates conditions for stigmatisation of a group of people, persecution, division and hatred in society is contrary to all the leading..
Bulgaria ranks second in the European Union in the number of companies with more than 40% Russian ownership, according to a survey by Moody's. The..
The Bulgarian Pavilion at this year's Venice Biennale is a great success among international journalists and visitors. "It is a great recognition for us to..
+359 2 9336 661