Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Financing for defence could be increased provided there are concrete projects: Finance Minister

Finance Minister Assen Vassilev
Photo: BGNES

“The financing for defence could be increased, provided there are concrete projects,” Deputy Prime Minister and Minister of Finance Assen Vassilev stated today, and added that if there are Ministry of Defence projects which have not been presented within the budget procedure, they should be examined.

Minister Vassilev stated further that no money will be paid out for “aircraft on paper”, and added that there is a programme, which has been adopted, of up to 2% of the GDP for modernization and armament and that this programme was being implemented. This country is a little over the percentage envisaged for the year, Minister Vasslev said. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Migrant pressure down by 70%, but migrants from Egypt and Morocco on the rise

In 2024, border guards prevented more than 52 500 migrants from attempting to enter Bulgaria illegally. The Border Police' increased patrols and equipment have led to a 70% drop in migration pressure compared to the same period in 2023. This was..

published on 3/12/25 3:47 PM

Bulgaria among the countries where new European AI factories are to be built

The EuroHPC Joint Undertaking for European High Performance Computing has selected six new European Artificial Intelligence (AI) factories to strengthen Europe's leadership in innovation and AI. Austria, Bulgaria, France, Germany, Poland and..

published on 3/12/25 3:39 PM
Natalia Kiselova, Speaker of the National Assembly.

MPs call for release of documents on election dispute

With 128 votes in favour, Parliament adopted a statement by National Assembly Speaker Natalia Kiselova calling on the members of the Constitutional Court to make public all documents related to the constitutional dispute over the recent October 2024..

published on 3/12/25 2:51 PM