Bulgaria has planned to use 1.61 per cent of its gross domestic product for defense. That's 927 million USD for 2019. The rise is 0.3 percent compared to 2014, when Sofia spent 638 million USD or 1.31 percent of GDP. In NATO the US spends the largest share of GDP for defense - over 3.42%. Luxembourg is last with 0.55 per cent, as it has the highest GDP per capita in the EU - 66.000 euros. Montenegro allocates a little more money than Bulgaria as a percentage of its GDP - 1.65 per cent. Defense spending has risen steadily over the past 5 years. More and more countries are close to reaching the target of 2% of GDP for defense, NATO Secretary-General Jens Stoltenberg said.
On Tuesday it will be cloudy, with rainfalls in many places. In the high fields of the western regions of Bulgaria it will snow. In the eastern regions the precipitation will be significant. In the western and central regions the..
The construction of a new Danube bridge near Ruse may begin in 2026, as European funding totalling 2.5 billion euros has been provided, the city's regional governor, Dragomir Draganov reported. The new bridge over the..
Around mid-January, we are expected to fulfil the last criterion for the eurozone, which will allow us to submit the convergence reports to the European Central Bank and the European Commission, caretaker Prime Minister Dimitar..
12 settlements in Smolyan district are without electricity after the heavy snowfall yesterday. Settlements in the municipalities of Smolyan, Devin and..
This year, employers prefer to replace the 13th salary with Christmas events and bonuses. Less than 50% of companies in Bulgaria pay bonuses...
Long lines of trucks and cars have formed at the border with Turkiye, reported Nova TV. The line of trucks on the Maritsa motorway has reached..
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