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 indexation of pensions from July 1, 2025 should be between 8 and 9%, and from January 1, the maximum social security income should be increased to 4,130 BGN (2,065 euros), the caretaker government proposes with the draft budget of..
A planned mission of the International Atomic Energy Agency (IAEA) has been conducted at the Kozloduy NPP to check the operational safety of the plant according to the agency's standards. During the inspection over the past 3..
The Situation Center of the Ministry of Foreign Affairs has published important information for all Bulgarians in California, USA . "An earthquake with a magnitude of 7.0 on the Richter scale was registered off the northern coast of..
Ice Park, the biggest ice rink on the Balkan peninsula, is in Sofia. The new park stretches over 11,000 sq. m., with an ice surface totalling 4,000..
On Thursday temperatures will range from 1 to 5°C, with a low of 2°C in Sofia. In the morning, visibility may be reduced. The day will be cloudy. There..
Bulgarian journalist and Vice-President of the Association of European Journalists (AEJ) Irina Nedeva has been awarded the National Order of Merit,..
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