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.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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