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.
Bulgarian President Rumen Radev has announced that as of October 20 this year he will travel to work in his personal car. “When a law is being adopted that forces people to do state work in their personal cars, I will stand in solidarity with them,” he..
We want to buy a system that has maximum protection against drones. This does not mean that it has a mechanical effect on the drone, but at least that it has some electromagnetic or blocking control of the device. This was explained to BNT by Maj. Gen...
We want to buy a system that has maximum protection against drones. This does not mean that it has a mechanical effect on the drone, but at least that it has some electromagnetic or blocking control of the device. This was explained to BNT by Maj. Gen...
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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