Bulgaria’s National Assembly approved the report of the Parliamentary Ad Hoc Committee probing the signing and termination of the USD 1 billion memorandum with Gemcorp Holdings Limited and IP3 Corporation by the government of Kiril Petkov. 129 MPs voted in favour.
The document was supported by GERB, the Movement for Rights and Freedoms, the Bulgarian Socialist Party, "Bulgarian Rise" and "Vazrazhdane". According to the report, the memorandum was not coordinated with the Ministry of Energy or the Bulgarian Energy Holding, Gemcorp requested secret information from Bulgargaz, etc.
GERB claims that the memorandum with Gemcorp has not been terminated and that Bulgaria will suffer serious financial damage. According to Kiril Petkov, Co-chairman of “We Continue and Change” and former Prime Minister, “these misinterpretations mislead people”. "The memorandum was terminated by all parties without any claims against the state", Kiril Petkov assured. The report will be sent to the State Agency for National Security (SANS), the Council of Ministers and the Ministry of Interior.
Friday will be mostly cloudy. Fog will cover the lowlands before midday. It will rain in some places, especially in southern Bulgaria. Minimum temperatures will be between 0 and 5°C, 2°C in Sofia, and maximum between 6 and 11°C, up to 17°C in the..
A serious restrictive and even repressive attitude among Bulgarian society on the current issues of school education and upbringing is shown by an independent poll by the sociological agency "Myara". It was conducted between January 29 and 31, 2025..
In 2022, 14.7% of workers in the EU were low-wage earners . By definition, low-wage earners are those who earn two-thirds or less of the average gross hourly wage in the country. Bulgaria had the highest share of low-wage earners (26.84%). This..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official..
The common will and economic potential of the two countries are important prerequisites for the upward development of bilateral relations, said President..
The effects of the protests against supermarkets are being felt, Agriculture Minister Georgi Tahov said in Plovdiv, where he was attending a national..
+359 2 9336 661