The Bulgarian government is to propose an update to the budget in six months, as during that time it will be investigating all deficits accumulated since the "collapse" in recent years, Prime Minister Kiril Petkov says.
At a meeting, the government approved the financing of 3 projects for the army. The modernization of the old T-72 tanks using Israeli technology in a Bulgarian state-owned company would cost 85 million euros, cabinet spokesperson Lena Borislavova said. Separately, 36 million euros are provided for new radio equipment of tanks according to NATO standards. 30 million euros will go for the completion of the project for off-road and armored vehicles of the special forces.
The three projects were launched in 2020 by the previous regular government.
The main challenge facing Bulgaria’s armed forces is how to translate political will and allocated resources into effective defence capabilities, President Rumen Radev said on Tuesday during a meeting with Admiral Giuseppe Cavo Dragone, Chairman of the..
Bulgaria’s government and representatives of the defence industry signed a memorandum aimed at improving cooperation and strengthening communication between the sector and the executive branch. Defence Minister Atanas Zapryanov said the goal was..
Demonstrations in support of Varna Mayor Blagomir Kotsev are set to intensify on Tuesday evening, expanding beyond Bulgaria to four major European cities. Organisers of the protests have said that rallies will be held simultaneously at 18:30 local time..
Starting this autumn, the Ministry of Labor and Social Policy will launch a program aimed at attracting Bulgarians from abroad. More than EUR 33..
“Entering the Eurozone does not present any risk to Bulgaria. Adopting the Euro can only serve as a powerful accelerator for our economic growth,”..
Demonstrations in support of Varna Mayor Blagomir Kotsev are set to intensify on Tuesday evening, expanding beyond Bulgaria to four major European cities...
+359 2 9336 661