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.
Bulgaria’s caretaker Foreign Minister Ivan Kondov and his Albanian counterpart Igli Hasani confirmed the firm commitment of the two countries to the accelerated construction of transport Corridor 8. Romania has asked to join the construction..
Winds of up to 120 kms. per hour inflicted damage in Vratsa, the biggest town in Bulgaria’s Northwest. Dozens of reports have come in of fallen trees and branches onto vehicles and roads, damaged equipment and torn overhead cables. There were..
A cold front will pass through the country overnight and tomorrow from the northwest . Rain will fall in many places in the western regions and the Danube Plain, and will quickly turn to snow in the high fields of western Bulgaria and the Balkan Range...
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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