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.
“Borders cannot be changed by force, and Ukraine’s long-term security must be guaranteed”, Bulgaria’s Premier Rossen Zhelyazkov said during a videoconference meeting of the “Coalition of the Willing”, led by French President Emmanuel Macron and UK..
Business forum on the topic "Bulgaria - China: cooperation in the automotive sector" is being held on November 26 in Sofia. Its organizers are the Bulgarian Chamber of Commerce and Industry and the Embassy of the People's Republic of..
The Bulgarian Industrial Capital Association has called for participation in a protest on November 26 against the budget for 2026, which is about to be adopted at second reading. "We call not only our members, but also all..
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