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 Prime Minister of North Macedonia and leader of the ruling party VMRO-DPMNE, Hristijan Mickoski, has once again accus еd Sofia of failing to respect the rights of the “Macedonian minority” in Bulgaria. At the opening of the VMRO–DPMNE Albania..
“The time for a referendum on the euro has irreversibly passed”, said Vice President Iliana Iotova, BGNES reported. “I see no grounds for President Rumen Radev to submit once again to Parliament his proposal for a referendum on the euro. The..
Over the next 24 hours, cloudy and foggy conditions are expected across much of the western Danube and Upper Thracian plains. Rain is likely in western Bulgaria and the Rila-Rhodope region, especially in the south-west. During the day, there may be..
The European Bank for Reconstruction and Development (EBRD) will open a technology center in Bulgaria focused on emerging technologies such as Big Data..
A huge criminal network trafficking cultural artefacts and laundering money has been dismantled by the Bulgarian Prosecutor's Office, the General..
Russia’s Lukoil said it reserves the right to pursue legal action to defend its rights and legitimate interests in Bulgaria after a special..
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