site.btaIndependence and Teamwork Are the Caretaker Economy Minister's Conditions for Participation in New Cabinet

NW 15:07:31 27-07-2021
LN1507NW.111
111 POLITICS-CARETAKER ECONOMY MINISTER-INVESTMENT CERTIFICATES

Independence and Teamwork Are
the Caretaker Economy Minister's
Conditions for Participation in New Cabinet


Sofia, July 27 (BTA) - Independence and teamwork are the two conditions that caretaker Economy Minister Kiril Petkov sets for potentially agreeing to join the next government - if he is ever offered a ministerial position in the government that the new Parliament is expected to form. Petkanov said that to journalists here on Tuesday after conferring three Class A certificates under the Investment Promotion Act.

Petkov specified that the Finance and the Economy Ministries should be a packaged deal. "According to me, we have a team that is ready to enter [the next government] if given the opportunity, but this is just hypothetical, no one has discussed that with us," he said, adding that he has not been offered other post or invited to be part of the next cabinet.

At an early stage of the life of the new parliament, Petkov was offered to be a government minister by There Is Such a People, the largest group in the legislature, which will be the first to get a mandate from the President to try to form a government. The Ministers of Finance and of Education in the caretaker government, Assen Vassilev and Nikolai Denkov, were also offered ministerial jobs. All of them declined and it transpired that they did so because Assev Vassilev disagreed with There Is Such a People on some priorities in the portfolio he was offered.

On Tuesday, Petkov presented with certificates Trakya Glass Bulgaria EAD, Gotmar EOOD, and Teklas - Bulgaria EAD for investments totalling 55.182 million leva and expected to create 240 jobs. These investments will be made in Turgovishte (Northeastern Bulgaria), Suedinenie (South Central Bulgaria), and Vratsa (Northwestern Bulgaria), regions which need to step up local economic growth, the Minister noted during the ceremony. In his words, each of these investments has export potential and it is precisely such companies that should be encouraged, because Bulgarians standard of living depends on export generating value added and based across the whole of Bulgaria.

Trakya Glass Bulgaria invests 27.382 million leva in a plant in Turgovishte for final processing of flat glass produced by the company entirely for export, Petkov explained. Gotmar makes two investments: in electric appliances and in a photovoltaic station, with an expansion of the company's production in Suedinenie and 90 per cent of it being meant for export. Teklas - Bulgaria invests 10 million leva in expanding its production in Vratsa which will be entirely for export.

NV/DS



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