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.
"We are following with deep concern the latest developments in the Middle East and the escalation of tensions between Israel and Iran . Bulgaria is concerned about any actions that increase the risk of a broader conflict in the region" ,..
25 Bulgarians who are staying in Israel for a short time have sought assistance from the embassy in Tel Aviv , Slavena Gergova, Bulgaria's ambassador to the Jewish state, told BNR. Bulgaria's Foreign Ministry calls on Bulgarian citizens in..
There is no direct danger for Bulgaria after the escalation in the Middle East, the Bulgarian Council of Ministers announced. After the large-scale Israeli strikes on strategic targets in Iran, the situation in Israel is currently calm . People..
Just a week after receiving the positive convergence reports on Bulgaria’s entry into the Eurozone, all major financial funds have stated their..
The 18 th edition of Sofia Pride is taking place in Sofia today under the motto: We are people, not propaganda, a reminder that behind every story,..
Galin Tomov created an impressive portrait of President Donald Trump especially for his birthday (June 14) on a carpet, using a traditional Bulgarian..
+359 2 9336 661