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.
The European Commission has announced that it has received a request from Bulgaria to revise its national recovery and resilience plan. The Commission will examine the request, submitted by the country on 16 April, and forward it to the EU Council for..
The state cannot afford to increase public sector salaries by 10% this year, as demanded by trade unions. This was stated by Social Affairs Minister Borislav Gutsanov. The minister pointed out that taxes had not been changed, while pensions had been..
The President of the Democratic Republic of Timor-Leste, José Ramos-Horta, is on a working visit to Bulgaria. This is the first bilateral visit since the establishment of diplomatic relations between Bulgaria and East Timor in 2003...
The political situation should give us the opportunity to start working with our compatriots outside the country, who have Bulgarian self-identity and..
A strong earthquake with a magnitude of 6.2 shook Istanbul at 12.49 local time and was felt to varying degrees across Bulgaria, BTA reported, citing the..
On April 23 and 24 from 10 a.m. to 4 p.m. the movement of all vehicles through the Petrohan Pass - Road II-81 will be limited because the removal of..
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