In 2020, Bulgaria has allocated 1.93 percent of its GDP for defense, according to a NATO analysis. That's 150 USD per capita in the country. Most of these funds go for salaries - 56%. 18% goes to training and maintenance, 19.4% goes to new equipment and research, and 6.9% of the money is spent on infrastructure.
Due to the eight F16 aircraft purchased in 2019, the defense funds then reached 3.18 percent of GDP. In 2014, NATO countries adopted a goal for defense money to reach 2% of GDP by 2024. In 2020 Bulgaria almost meets this criterion, as 6 years ago it set aside for defense just 1.3% of national GDP.
On Tuesday , the lowest temperatures will be between 2 and 7°C. In the valleys and high fields the temperature can drop to minus 2°C; in Sofia – about 1°C. In the morning, there will be reduced visibility along the river valleys. It..
The European Public Prosecutor’s Office has carried out searches in the Municipality of Plovdiv and in a company suspected of public procurement fraud related to the improvement of urban green and public spaces in the city, the EP..
In 2024, the gross domestic product of Bulgaria increased in real terms by 3.4% compared to the previous year, according to data by the National Statistical Institute, BTA reported. Gross national income at market prices last year..
Bulgaria, Greece and Romania have finalized a memorandum for joint cooperation on new transport projects, said European Commissioner for..
Suspicions of large-scale fraud with EU funds in a project to build a mussel farm in the Black Sea – southeast of Cape Emine in the..
In 2024, the gross domestic product of Bulgaria increased in real terms by 3.4% compared to the previous year, according to data by the..
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