The complete modernization of the Bulgarian Armed Forces until 2032 will cost EUR 15 billion, Bulgaria’s Chief of Defense Admiral Emil Eftimov said on occasion of the Day of the Bulgarian Army - May 6. We are looking for mechanisms to reduce the price, Admiral Eftimov said. Currently, the assets of the Bulgarian army amount to nearly EUR 25 billion. However, most of the military equipment is over thirty years old. We need to develop 180 new defense capabilities. That is why, spending on defense should reach 2% of the country’s GDP by 2024, the defense review estimates show. Despite the crisis, we don’t agree with the ideas that the projects for acquisition of new infantry machinery and navy ships should be postponed, Admiral Eftimov says further.
The Ruse-Veliko Tarnovo highway is an extremely important project of national importance, which has significance beyond the borders of Bulgaria as a vertical corridor from Greece to Romania, Prime Minister Rosen Zhelyazkov said at..
Everything is being done to stop Bulgaria from joining the eurozone, just like 4 years ago, GERB leader Boyko Borissov said in parliament. He announced that he would not help the prime minister and ensure a majority in the National..
Bulgaria ranks third among EU countries in terms of minimum wage growth in the period 2015-2025. According to Eurostat, during this period the minimum wage in the country increased from 184 euros in 2015 to 551 euros 10 years later...
Bulgaria has improved its rating in the World Happiness Report , but remains 85 th out of 147 countries, which is the lowest position for an EU..
The importance of eurozone membership for Bulgaria was the focus of Prime Minister Rosen Zhelyazkov's meeting with European Central Bank President..
On Saturday, the minimum temperatures in Bulgaria will be from minus 2 to 3°C. In Sofia it will be around 0°C. During the day it will be sunny with..
Mostly Cloudy
Partly Cloudy
Cloudy
Cloudy