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.
Polish President Andrzej Duda, on an official visit to Bulgaria, discussed with Bulgarian President Rumen Radev Warsaw’s proposal that NATO member states allocate 3% of their gross domestic product to defence spending . He described the target as..
Oil products of unknown composition and origin have once again washed up on a large stretch of the Pomorie coastline, in what appears to be a more serious incident than the one reported two days ago, BNR correspondent Daniela Kostadinova reports from..
The planned liberalisation of the electricity market for household consumers on 1 July this year will not take place, MPs decided at the first reading of amendments to the Energy Act. Before the final adoption of the texts, a working group will..
A water blessing of the battle flags and sacred banners was held on Saint George’s Day at the Monument to the Unknown Soldier in Sofia...
On Saint George's Day, the newly elected hegumen of the Zograf Monastery on Mount Athos, Father Gavriil, was elevated from hieromonk to..
''On the eve of the Day of Bravery and the Bulgarian Army — May 6 — I address you with a sense of gratitude and appreciation. You fulfill your military..
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