The day in 3 news: GERB and WCC-DB broker deal; Geshev leaks exchanges; TPP Martisa-East 2 has record profits

ГЕРБ връща първия мандат неизпълне Мария Габриел Румен Радев

The day in 3 news: GERB and WCC-DB broker deal; Geshev leaks exchanges; TPP Martisa-East 2 has record profits

ГЕРБ връща първия мандат неизпълне Мария Габриел Румен Радев

© Велко Ангелов


GERB and WCC-DB to form a government

GERB's nominee for prime minister, Maria Gabriel, returned to President Rumen Radev the unfulfilled first mandate to form a government after an agreement was reached between GERB and WCC-DB on joint governance.

Under the agreement Nikolay Denkov from WCC-DB, and Gabriel, will each serve as PM, rotating the top job every nine months. During the first nine months, Gabriel will be Deputy Prime Minister and Minister of Foreign Affairs, while Denkov will be Prime Minister.

This agreement will technically be fulfilled under the second mandate, so enabling WCC-DB to tell its supporters that it is dictating terms despite its promise not to enter a formal coalition with GERB.

Geshev reveals exchanges with the judicial council and Borissov

Chief prosecutor Ivan Geshev spoke for over an hour to journalists in the Court House, during which he promised revalations to end the current "oligarchic model" in Bulgaria. He divulged recorded conversations between himself and judicial council member Yordan Stoev as well as the content of a message between him and GERB leader Boyko Borissov.

Geshev announced that he had never had any intention of resigning despite assuring the US and deputies that he would do so. He also repeated his account of the "attack" on his vehicle on May 1st and ended by promising to "fight for Bulgarian citizens" and finish his mandate.

TPP Maritsa-East 2 scores record profits

The state thermal power plant Maritsa-East 2, which had fallen into technical bankruptcy, has reported record revenues and a colossal profit for the past year of 2022, growing by 198.78% to just over BGN 4 billion with profits reaching BGN 1.19 billion.

As a result, liabilities are melting and their total amount is now BGN 580 million, compared to over BGN 1.5 billion a year ago. In 2022, the coal plant repaid its debt to the Bulgarian Energy Holding under the loan concluded at the end of 2021, and this January it managed to fully clear its obligations for a total of over BGN 1 billion.

GERB and WCC-DB to form a government

GERB's nominee for prime minister, Maria Gabriel, returned to President Rumen Radev the unfulfilled first mandate to form a government after an agreement was reached between GERB and WCC-DB on joint governance.

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