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.
The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone. Earlier, MEPs in Strasbourg had adopted the report supporting Bulgaria’s admission to the euro area...
A second ship carrying pipes for the Vertical Gas Corridor project, which will connect Greece and Romania, has arrived at the Port of Burgas. Energy Minister Zhecho Stankov oversaw the delivery. "These 2,526 pipes from India..
Before approving Bulgaria's accession to the eurozone by an absolute majority, the European Parliament in Strasbourg rejected a request by a Vazrazhdane MEP for the vote to be postponed. The request was tabled by Rada Laykova, a member of the Europe..
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..
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,..
The ministers of agriculture of Bulgaria, Hungary, Poland, Slovakia and Romania have signed a joint declaration concerning the agricultural aspects of..
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