Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Parliament to send Report of Ad Hoc Committee on Memorandum with Gemcorp to SANS

Photo: BGNES-archive

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.




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

Sofia hosts the Global Women Leaders Forum 2025

Today, Sofia will host the fifth edition of the Global Women Leaders Forum. The event is organized by the Council of Women in Business in Bulgaria.  Themed “Fast and Furious Changing World: Women in the Driving Seat”, the 2025 edition of the forum..

published on 11/13/25 5:50 PM

The average gross monthly salary for September is EUR 1,319

The average gross monthly salary in Bulgaria for July 2025 was BGN 2,570 (EUR 1,314.02), for August BGN 2,497 (EUR 1,276.7), and for September BGN 2,580 (EUR 1.319). The average monthly salary increased by 12.0% compared to the third quarter of..

published on 11/13/25 4:39 PM

Radev and Szijjártó: Restoring peace in Europe is possible through diplomacy

Today, Bulgaria’s Head of State Rumen Radev met at the presidency building with Hungary’s Minister of Foreign Affairs and Trade Péter Szijjártó. The two discussed Europe’s prospects for addressing current challenges. Péter Szijjártó is visiting..

published on 11/13/25 3:14 PM