The Bulgarian Development Bank (BDB) is starting "unlimited" financing for the country's defense industry. According to caretaker Minister of Innovation and Growth Rosen Karadimov, the military-industrial complex is a strategic sector for Bulgaria, and it would be national nihilism not to serve it at a time when it is an engine of economic growth. A strategy adopted by the Council of Ministers tasks BDB with providing comprehensive banking service to the military-industrial complex without restriction, without limits, treating both state and private enterprises equally, but only manufacturers, not traders.
Minister Karadimov pointed out that access to the NATO Innovation Fund will be accelerated. Terem CEO Kalin Dimitrov stated that the complex is working on a number of projects, including with Ukrainian partners, as well as on the development of unmanned aerial vehicles.
Bulgarian President Rumen Radev today reiterated his request to the Constitutional Court to declare unconstitutional the amendments to the Constitution made by the 49th National Assembly. The Bulgarian Head of State's objections are against the..
The Ambassador of Austria H.E. Andrea Ikić-Böhm visited the Bulgarian-Turkish border yesterday at the invitation of the Director of the Border Police Directorate General, the press service of the Ministry of Interior announced today. Together with the..
Bulgaria has become the first in the EU to have a high-tech artificial intelligence in its own language , created by a state-funded scientific organisation. The next-generation AI designed to work in Bulgarian was unveiled last night by the Institute..
According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a..
“It’s time to lift internal border controls now,” European Commissioner for Home Affairs Ylva Johansson believes. In an interview with RFE/RL she..
The Constitutional Court has opened a case following the request by President Rumen Radev for the amendments to the Constitution, endorsed by the 49 th..
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