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

Премахване на незаконните постройки в столичния квартал

Citizens will show their support for Roma families from "Zaharna Fabrika" tonight

Citizens will tonight show their solidarity with the Roma families from the Zaharna Fabrika neighbourhood in Sofia who were left homeless after their homes were demolished on April 15.   At 19:00, they will gather at the site of the demolished houses and..

published on 4/21/25 11:57 AM

The faithful from all over the country took part in a procession with a miraculous icon of the Virgin Mary

Hundreds of believers from all over the country gathered at the Bachkovo Monastery to take part in the traditional liturgical procession with the miraculous icon of the Virgin Mary. The procession began at 8am, accompanied by the ringing of bells and led..

published on 4/21/25 11:39 AM

Sunny Monday with temperatures up to 27 Celcius expected in Bulgaria

Monday will be mostly sunny . In some places in the lowlands and valleys in the morning hours there will be short-term fog. Mainly in the Rila-Rhodope region and around the Balkan Mountains there will be rain.  Minimum temperatures will be between..

published on 4/20/25 6:25 PM