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.
In the first four months of the year, export of goods from Bulgaria to the European Union decreased by 4.2% compared to the same period last year and amounted to 8.6 million euros, BGNES reports, quoting data from the National..
An operation by the General Directorate Combating Organized Crime and the Supreme Cassation Prosecutor's Office has uncovered the largest illegal cigarette factory to date, Radio Stara Zagora of the Bulgarian National Radio has..
Albania is extremely committed to security and peace in the region, said the Speaker of the Albanian Parliament, Elisa Spiropali, who is on an official visit to Sofia. After a meeting with her Bulgarian counterpart Natalia Kiselova,..
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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