The complete modernization of the Bulgarian Armed Forces until 2032 will cost EUR 15 billion, Bulgaria’s Chief of Defense Admiral Emil Eftimov said on occasion of the Day of the Bulgarian Army - May 6. We are looking for mechanisms to reduce the price, Admiral Eftimov said. Currently, the assets of the Bulgarian army amount to nearly EUR 25 billion. However, most of the military equipment is over thirty years old. We need to develop 180 new defense capabilities. That is why, spending on defense should reach 2% of the country’s GDP by 2024, the defense review estimates show. Despite the crisis, we don’t agree with the ideas that the projects for acquisition of new infantry machinery and navy ships should be postponed, Admiral Eftimov says further.
Wine tourism is taking centre stage in Bulgaria’s efforts to position itself as a year-round destination . At a recent meeting with the Bulgarian Association for Wine Tourism, T ourism Minister Miroslav Borshosh outlined plans to make wine a strategic..
During the night the clouds will scatter and disperse and the night will be predominantly clear. There will be a light, in the Danube Plain to moderate wind from the Northwest which will die down by morning. Tomorrow will be predominantly..
The Kremlin on Sunday denied reports that Russia was behind GPS interference during European Commission President Ursula von der Leyen’s attempted landing in Plovdiv , Bulgaria, Bulgarian National Radio reported. Hacker attack forces Ursula von der..
All-inclusive packages at Sunny Beach have gone down by an impressive 30-50%. The seaside resort reported a 6-8% increase in the number of tourists this..
A suspected Russian interference attack targeting the president of the European Commission, Ursula von der Leyen, disabled GPS navigation services at a..
The current minimum monthly wage of 1,077 Leva ( or 550.66 EUR) can buy the small consumer basket of goods and services in Bulgaria 9.7 times..
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