The Bulgarian National Assembly has amended the 2019 state budget and increased the budget of the Ministry of Defense with EUR 1.07 billion. The amendment of the state budget aims to provide financing for the purchase of 8 new multi-role fighter jets for the Bulgarian armed forces. The previously planned spending to the tune of EUR 139 million for other projects related to the modernization of the Bulgarian army will not be made this year, the Bulgarian MPs further decided. The state budget deficit in 2019 will increase to EUR 1.139 billion.
The total losses of Bulgarians, who have savings accounts in banks, from inflation alone equal over EUR 1 billion a year. Bulgarians invests just 2.4 percent of their savings in equity or in companies. In Eastern Europe, this percentage reaches 20..
Cyprus is an important economic and trade partner of Bulgaria, Bulgarian President Rumen Radev said at the opening of the Bulgaria – Cyprus Business Forum in Sofia. Cyprus has been ranked 34th in the Bulgarian imports and exports chart. Nicosia..
At a joint meeting of the Greek and Bulgarian governments in Alexandroupolis, agreements in the spheres of transport, investments and tourism have been signed. Cross-border railway transport is going to facilitated as a step towards full..
Energy partnership along the Israel-Cyprus-Greece axis is strategic, said Bulgarian Prime Minister Boyko Borissov during a meeting with the visiting..
Amidst rumours of a change in the exchange rate of the Bulgarian Lev to the Euro, the public have reacted by converting Leva into Euro on a massive..
For several days the electronic toll system has been the target of vicious hacker attacks, said Prof. Oleg Asenov from the Road Infrastructure Agency...
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