Bulgaria ranks 16th out of all 30 NATO member states in terms of military expenditures per capita. This country places 15th in the EU ranking and 60th in a complex gobal ranking based on 55 criteria, data of SIPRI (Stockholm International Peace Research Institute Yearbook) 2018 shows. Bulgaria spends 1.55% of its GDP on defense. This country is far ahead of Germany, Spain, Belgium and Canada under this indicator. Bulgaria’s neighbors Greece and Turkey rank 9th and 29th in the 2018 ranking of Stockholm International Peace Research Institute. Romania places 40th, Serbia occupies the 78th position and North Macedonia places 118th in the ranking of 136 countries. Bulgaria spends 20.3% of its defense budget on military equipment. NATO recommends that its member states should spend at least 20% of their defense budget on military equipment. 58% of Bulgaria’s military budget is spent on military staff.
Monthly inflation for May is 0.0%, while annual inflation is 3.7%, announced by the National Statistical Institute (NSI). Cumulative inflation, as measured by the Consumer Price Index, is 16.8% over the last three years (May 2025 compared to May 2022)..
Due to cancelled flights by air carriers, Bulgarian Posts will temporarily suspend the acceptance of all types of parcels for Israel, Iran, Iraq, Lebanon and Jordan with effect from 16 June 2025. Updated information will be published on the official..
An elderly Israeli woman of Bulgarian descent was killed in an Iranian attack on a residential building in the Israeli city of Bat Yam , according to BNR’s correspondents in Israel, Fenya and Iskra Dekalo. Although the Bulgarian Ministry of Foreign..
Just a week after receiving the positive convergence reports on Bulgaria’s entry into the Eurozone, all major financial funds have stated their..
Holding elections after entry into the Eurozone would be catastrophic for Bulgaria and would mislead our colleagues in Europe who have been treating..
“I am in constant contact with the security services, all possible routes and evacuation approaches are being considered,” President Rumen Radev told..
+359 2 9336 661