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...
With 531 votes in favour, 69 against and 79 abstentions, the European Parliament approved Bulgaria's accession to the eurozone on 1 January 2026...
The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone...
During its plenary session in Strasbourg today, the European Parliament is scheduled to vote on Bulgaria’s accession to the eurozone on 1 January 2026...
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