Bulgaria has planned to use 1.61 per cent of its gross domestic product for defense. That's 927 million USD for 2019. The rise is 0.3 percent compared to 2014, when Sofia spent 638 million USD or 1.31 percent of GDP. In NATO the US spends the largest share of GDP for defense - over 3.42%. Luxembourg is last with 0.55 per cent, as it has the highest GDP per capita in the EU - 66.000 euros. Montenegro allocates a little more money than Bulgaria as a percentage of its GDP - 1.65 per cent. Defense spending has risen steadily over the past 5 years. More and more countries are close to reaching the target of 2% of GDP for defense, NATO Secretary-General Jens Stoltenberg said.
The topic of restoring state funding for the newspaper of Bulgarians in Ukraine “Roden Krai” was raised at the forum “33 years of independence of Ukraine: a common path to the achievements and contributions of representatives of..
The progress on the construction of the Struma highway was discussed at a meeting of the Standing Committee of the Bern Convention, the Ministry of the Environment has reported. The opinion of non-governmental organizations was also..
The fourth O-Salted Fish Festival is being held today at Kulata Square in the seaside resort of Sozopol. The event marks the opening of the town's Christmas market. Participants in the Best Salted Fish competition will be judged in five categories -..
On the 25th day of its work swearing-in, and after 10 failed attempts the new 51st National Assembly finally has a Speaker. Assoc. Prof. Natalia Kiselova..
After finally succeeding in electing a Speaker of the 51st National Assembly - Natalia Kiselova, proposed by the BSP - United Left, MPs voted en bloc for..
"Fish is abundant in Bulgarian Black Sea waters. Moreover, fish processing is at a very high European level." This is what Dr Yordan Gospodinov,..
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