The Bulgarian government has approved an emergency allocation of $263.3 million for the first installment for the purchase of Stryker armored vehicles. Payment must be made by December 15th.
The agreement approved by the parliament will allow overcoming part of the deficit of capabilities in the Ground Forces of the Bulgarian Army in a short period of time, the Ministry of Defense said. The deal envisages the purchase of 198 combat and support vehicles, as 183 of them are from the Stryker family. The estimated value is 1.376 billion dollars.
Meanwhile, the parliamentary committee on defense rejected President Rumen Radev's veto on the provision of 100 old armored vehicles to Ukraine. During the debate, it became clear that the machines are 43-years-old and cannot be repaired in Bulgaria.
Bulgaria will not be able to meet all the criteria for joining the euro area by the time the convergence report is published in June , Bulgarian National Bank (BNB) governor Dimitar Radev said at a conference on euro adoption in Sofia. "The main..
I proposed that the pensions update from July 1, 2024 be set at 11% and the Supervisory Board of the National Social Insurance Institute voted in favour of my proposal, caretaker Minister of Labor and Social Policy Ivaylo Ivanov said. He noted that..
Washington has called on Skopje to make continuous efforts and reforms to achieve progress in joining the EU. "We encourage the continuation of dialogue between North Macedonia and Bulgaria, which is rooted in a shared commitment to the country's..
Household electricity prices could go up by less than 30% as of 1 July, 2024, Energy Minister Vladimir Malinov announced at a briefing at the Ministry..
Slovakia's Prime Minister Robert Fico was shot this afternoon after a government meeting in the town of Handlova, about 180 km from Bratislava. A post..
More than two years ago, Russia’s Gazprom Export suspended gas deliveries under the contract with Bulgaria’s Bulgargaz. Russia suspends natural..
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