The Bulgarian Development Bank (BDB) is starting "unlimited" financing for the country's defense industry. According to caretaker Minister of Innovation and Growth Rosen Karadimov, the military-industrial complex is a strategic sector for Bulgaria, and it would be national nihilism not to serve it at a time when it is an engine of economic growth. A strategy adopted by the Council of Ministers tasks BDB with providing comprehensive banking service to the military-industrial complex without restriction, without limits, treating both state and private enterprises equally, but only manufacturers, not traders.
Minister Karadimov pointed out that access to the NATO Innovation Fund will be accelerated. Terem CEO Kalin Dimitrov stated that the complex is working on a number of projects, including with Ukrainian partners, as well as on the development of unmanned aerial vehicles.
On Wednesday, the lowest temperatures will range between minus 8°C and minus 3°C, for Sofia around minus 7°C . During the day, snow showers in the northeastern regions will begin to stop, but in southeastern Bulgaria it will still snow in many places...
Career Foreign Service Officer Susan Falatko has arrived in Sofia on February 18 to assume the role of Chargé d’Affaires. Prior to this appointment, Ms. Falatko’s service includes assignments as Deputy Chief of Mission and Chargé d’Affaires at the..
Bulgaria's President Rumen Radev convened today a meeting of the National Security Advisory Council, dedicated to the risks and threats to national security arising from the spread of narcotic and intoxicating substances among the younger generation and..
The Bulgarian Ministry of Tourism will work to create a map of important, but hard-to-reach tourist and cultural-historical sites. The goal is then to..
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The..
Bulgaria’s President Rumen Radev named Sofia Airport after the Apostle of Freedom Vasil Levski, the press secretariat of the head of state announced...
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