The Bulgarian government is to propose an update to the budget in six months, as during that time it will be investigating all deficits accumulated since the "collapse" in recent years, Prime Minister Kiril Petkov says.
At a meeting, the government approved the financing of 3 projects for the army. The modernization of the old T-72 tanks using Israeli technology in a Bulgarian state-owned company would cost 85 million euros, cabinet spokesperson Lena Borislavova said. Separately, 36 million euros are provided for new radio equipment of tanks according to NATO standards. 30 million euros will go for the completion of the project for off-road and armored vehicles of the special forces.
The three projects were launched in 2020 by the previous regular government.
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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