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.
In its new World Economic Outlook report, the IMF has raised its forecasts for Bulgarian economic growth this year and next, compared to its estimates from April. At the same time, IMF expects increase in inflation, as well as a decrease in the..
The current year 2025 marks the 30 th anniversary of the Bulgarian Association of Information Technologies (BAIT). Speaking to BTA, the chair of BAIT, Irina Radoeva, said that the information technology industry is the fastest growing. More than..
The Ministry of Innovation and Growth is hosting a discussion on the topic "The Eurozone as part of the path to economic transformation". The press center of the ministry reports that the forum will be opened on Wednesday at 4 p.m. by Deputy Prime..
The Ministry of Innovation and Growth is hosting a discussion on the topic "The Eurozone as part of the path to economic transformation". The press..
A themed exhibition dedicated to the pumpkin is one of the highlights of the traditional "Autumn Encounters with Plants" and the Days of Autumn..
On Wednesday, the lowest temperatures will range between 6°C and 11°C, around 7°C in Sofia. Cloud cover will remain significant over most of the..
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