“The financing for defence could be increased, provided there are concrete projects,” Deputy Prime Minister and Minister of Finance Assen Vassilev stated today, and added that if there are Ministry of Defence projects which have not been presented within the budget procedure, they should be examined.
Minister Vassilev stated further that no money will be paid out for “aircraft on paper”, and added that there is a programme, which has been adopted, of up to 2% of the GDP for modernization and armament and that this programme was being implemented. This country is a little over the percentage envisaged for the year, Minister Vasslev said.
"Yes, Bulgaria" party (part of "Democratic Bulgaria") have defined the budget for next year as an "economic tsunami". MP Ivaylo Mirchev was firm that the pary will oppose it when the project comes up for discussion in parliament. "Yesterday we were..
Bulgarian President Rumen Radev has presented the national flag to the participants in the 34th Bulgarian Antarctic Expedition. At a ceremony in the Hall of Arms, the flag was accepted by the head and doyen of Bulgarian research in the White Continent,..
The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International Monetary Fund, at the high-level conference in Sofia titled ''Bulgaria on the Doorstep of the..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the..
With 111 votes for, 51 against and 43 abstained, the National Assembly approved the establishment of an ad-hoc committee to investigate the activities..
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