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 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...
The European Commission (EC) has published its sixth annual Rule of Law Report , which covers the 27 EU member states and four candidate countries. The report notes legislative progress in Bulgaria during the Zhelyazkov cabinet's term, the..
A student protest titled "Education is a Right, Not a Privilege!" will take place at 6:00 PM on July 9 in front of the Rectorate building of the Sofia University '' St. Kliment Ohridski'' . The protest is in response to the increased tuition fees..
With 531 votes in favour, 69 against and 79 abstentions, the European Parliament approved Bulgaria's accession to the eurozone on 1 January 2026...
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...
The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone...
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