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”.
The United States is a key strategic partner and NATO ally, with whom we will continue to work together to achieve our common goals — energy security, defense capabilities and investments, Bulgaria’s Minister of Foreign Affairs Georg Georgiev said..
The Minister of Labour and Social Policy, Borislav Gutsanov, is organising a round table on "Demography - trends, problems and solutions" at the National Assembly today. Data on current trends in the country will be presented, together with a study by..
Wednesday morning will be cold , with frost forming again in some plains and valleys. Lows will be between 1 and 4°C. In Sofia it will be around 2°C. During the day it will be sunny all over the country. There will be light to moderate winds from..
16 EU countries will ask to be allowed to temporarily not apply the rules on budgetary stability in order to be able to make defense spending. Bulgaria..
25% of workers are without an employment contract, the fight against the shadow economy should be a top priority for the state. This was stated on the..
Russia remains the main destabilizing factor in international security, it is emphasized in the report of the Military Intelligence Service for 2024,..
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