The budget of the Bulgarian Naval Forces will be increased in 2024 because of the situation in the Black Sea. With the implementation of modernization projects, the capabilities of the Navy will grow, Defense Minister Todor Tagarev said at a solemn ceremony, dedicated to 144th anniversary of the establishment of the Bulgarian Navy.
The minister recalled that the construction of modular and multi-role patrol ships is underway. The execution of the contracts for the supply of anti-ship missiles, anti-aircraft guided missiles and torpedoes for the new ships also continues.
"The investment program for the modernization of the armed forces will include new projects that are to upgrade the capabilities of the Navy," Minister Tagarev also said.
''The negative impact on Bulgaria from a possible introduction by the U.S. of a 25% tariff on EU goods would amount to USD 678 million . This would mean a 0.49% annual decrease in the country’s total exports compared to the levels without..
Gorna Oryahovitsa is the largest non-district town in Northern Bulgaria. It is located near Bulgaria’s old capital, Veliko Tarnovo, and is an important railway junction. To mark the 155th anniversary of its declaration as a town, the local History..
A historical festival in the "Gradishte" area, where the ruins of an early Byzantine fortress are located, is organized today from 10:00 to 22:00 by the Regional Historical Museum - Gabrovo. The event is on the occasion of 105 years..
Gorna Oryahovitsa is the largest non-district town in Northern Bulgaria. It is located near Bulgaria’s old capital, Veliko Tarnovo, and is an important..
A new lane for heavy trucks over 12 tons will be opened at the Danube Bridge in Ruse, announced Ruse Regional Governor Dragomir Draganov. The initiative..
On July 7, the Bulgarian National Bank (BNB) puts into circulation a silver commemorative coin titled "175 Years Since the Birth of Ivan Vazov", BNB..
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