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.
Bulgaria will be the intersection point of two NATO logistics transport corridors. Under an agreement signed at the NATO Summit in Washington, Italy, Albania, North Macedonia and Bulgaria will cooperate within the Pan-European Transport Corridor No...
Most political forces in parliament commented on what is happening in the Movement for Rights and Freedoms (DPS) as internal problems of DPS. According to the chairman of the GERB-SDS parliamentary group, Boyko Borissov, the fact that there is a..
After 17 MPs from the Movement for Rights and Freedoms, MRF, were expelled, among them the party’s other co-chair Dzevdet Chakarov, MRF MP Ahmed Vranchev expressed, in written form, a desire to leave the Movement’s parliamentary group. DPS..
The European Commission has approved state aid amounting to EUR 142 million (BGN 278 million) to support the energy sector, BNR’s correspondent in..
President Rumen Radev is to hand the second governing-forming mandate next week. ''I expect We Continue the Change - Democratic Bulgaria (PP-DB) to..
13 bands from abroad will perform on the big stage of the 4 th edition of Midalidare - Rock in the Wine Valley , 12-14 July, alongside the..
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