“The financing for defence could be increased, provided there are concrete projects,” Deputy Prime Minister and Minister of Finance Assen Vassilev stated today, and added that if there are Ministry of Defence projects which have not been presented within the budget procedure, they should be examined.
Minister Vassilev stated further that no money will be paid out for “aircraft on paper”, and added that there is a programme, which has been adopted, of up to 2% of the GDP for modernization and armament and that this programme was being implemented. This country is a little over the percentage envisaged for the year, Minister Vasslev said.
The government's political goal is for Bulgaria to become a full member of the Organisation for Economic Cooperation and Development by the end of 2026, Deputy Prime Minister Grozdan Karadzhov told representatives of British businesses in Bulgaria...
Bulgaria has a higher share of women in science, technology, engineering and mathematics (STEM) fields than the European Union average, according to a roundtable discussion on “Women in Innovation” held in Sofia. The forum highlighted that 49% of..
The National Assembly has rejected President Rumen Radev's veto on changes to the State Intelligence Agency Act (SIA) and the State Agency Technical Operations (SATO) Act, according to BNR reporter Maria Fileva. The changes strip the president of the..
The Russian oil company Lukoil has announced that it has accepted an offer from the Swiss Gunvor Group to acquire the international assets of LUKOIL..
The National Assembly has rejected President Rumen Radev's veto on changes to the State Intelligence Agency Act (SIA) and the State Agency Technical..
Bulgaria has a higher share of women in science, technology, engineering and mathematics (STEM) fields than the European Union average, according to a..
Partly Cloudy
Clear