WCC-DB will seek to form a cabinet with second mandate
During a briefing today, the leaders of WCC-DB reaffirmed today that they will not support a government proposed by GERB and instead indicated that the only way to avoid new elections is to form a government with the second term which is in their hands.
Instead of seeking support for the second mandate straightaway, however, former prime minister Kiril Petkov announced that the formation would focus on finding a constitutional majority in the 49th parliament to carry out reforms to the constitution. The proposal follows the recent drama surrounding chief prosecutor Ivan Geshev and judicial corruption.
The coalition stated that their target is to reconstruct the Supreme Judicial Council which elects the chief prosecutor.
Military complex sees lower turnover
The factories of the state-owned Terem Holding, which is part of the Ministry of Defense, reported mixed results for the first quarter of 2023. The Veliko Tarnovo factory, Ivaylo, increased its sales and its turnover jumped nearly four fold, exceeding BGN 1 million. The same could not be said for another factory in the holding - Tsar Samuil in Kostenets, which saw revenues collapse by 55%.
The ship repairer KRZ Fleet Arsenal in Varna remains the largest asset of the holding, although its results dropped to around BGN 6 million from more than 7 million last year.
New arena finally opens doors
After eight-and-a-half years and BGN 64 million in costs, Sports Arena Burgas is set to officially open tomorrow. The capacity of the sports building is around 8000 seats with standing room for 15000.
Construction has been carried out by Vodstroy 98, which in 2016 merged into Hidrostroy belonging to Bulgarian infrastructure kingpin Veliko Zhelev who recently had legal issues in the country and now lives in Dubai. In its beginning the project was related to the Magnitsky- sanctioned MP Delyan Peevski.
The arena has been a controversial project due to its high price and series of postponements over the last few years.