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.
“The two convergence reports are a joy for those in power and a concern for the people, because every Bulgarian knows that the officially declared inflation is 2.7%, but in reality it is much higher.” This was what President Rumen..
On Sunday, the lowest temperatures will range from 12°C to 17°C, around 12°C in Sofia . It will be sunny and hot during the day. Cumulus clouds will develop in the afternoon hours mainly over the mountains, with a chance of isolated showers in some..
''The reports by the European Commission and the European Central Bank justify all the concerns and reservations expressed by President Rumen Radev when he proposed a referendum on the euro'', Vice President Iliana Iotova said at the Iliеva..
At an official ceremony held in Kazanlak, Maria Shamburova was solemnly crowned as the town’s 57th Rose Queen. The coronation show of the Rose..
"I have sent letters to all presidents and prime ministers of EU member states, in which I describe the real situation in our country — inflation, the..
The Bulgarian National Radio Symphony Orchestra undertook effective protest action, as shown in videos of their June 6 concert at Bulgaria Hall, which..
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