We are to modernize the T-72 tanks, Bulgaria’s Minister of Defense Krasimir Karakachanov said. It will be much cheaper to modernize a high-quality tank such as the T-72 machine and equip it with sighting systems than buy a new tank which is 5 to 6 times more expensive, Krasimir Karakachanov went on to say and added that the German company Lürssen was selected to build two multi-role corvettes for the Bulgarian navy and talks on the final contract are now being held.
The delivery of 160 armored vehicles for the Bulgarian infantry will be delayed due to the quarantine in Europe. It is very likely that contracts will be signed by the end of the year and that we will start making payments from the beginning of 2021, Minister Karakachanov said.
Full EU membership is neither the end of the story nor a solution to all problems. Realism and accurate self-assessment must guide important decisions, said MP Toma Bikov on behalf of the GERB-SDS parliamentary group after Bulgaria's accession to the..
An online currency converter is now available on the official website for the introduction of the euro in Bulgaria: evroto.bg. Following the official announcement of the exchange rate of 1.95583 leva to one euro, the calculator has been made easily..
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost defence spending . This will enable the countries to take on additional debt for defence purposes...
The ministers of agriculture of Bulgaria, Hungary, Poland, Slovakia and Romania have signed a joint declaration concerning the agricultural aspects of..
Sofia will now have night public transport connecting the centre with Vasil Levski Airport , according to the press centre of the Sofia Municipality...
Bulgaria is a factor in the EU and the region that North Macedonia must take into account, Minister of Foreign Affairs Georg Georgiev said in an..
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