The Bulgarian Emko army ammunition factory has had its trading license restored. The Interdepartmental Council for the Defense Industry and Security has restored the license. The problem with the license taken away over violations and omissions which blocked the plant’s trade relations for three months costs the loss of markets and has resulted in unsold produce worth millions of euro, because the state-run Kintex arms trading company terminated its contract with Emko and started exporting to the same markets the produce of another Bulgarian ammunition plant. This prompted fresh protests of Emko workers today outside the Council of Ministers.
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks an upgrade from the 2% growth rate estimated in the Commission’s spring outlook. The expected GDP..
Bulgaria has no additional conditions from the United States for the exception of the sanctions imposed on Lukoil to enter into force, Minister of Energy Zhecho Stankov told BNT. If necessary, the postponement of the sanctions against Lukoil can be..
In 2026, Bulgaria will assume the presidency of the EU Strategy for the Danube Region for the second time. The symbolic handover of the presidency took place during the 14 th Annual Forum of the EU Strategy for the Danube Region (EUSDR) held in..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
There are significantly fewer homeless people in Sofia in comparison to major European cities. This is shown by data released today from an international..
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