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

Modernization of Bulgarian Armed Forces until 2032 will cost EUR 15 billion

Bulgaria’s Chief of Defense Admiral Emil Eftimov
Photo: Bulgaria's Ministry of Defense

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.




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

Tzvetan Spassov, Smilen Valov and Dimitar Kolarov

More and more Bulgarians living abroad want to return to their country

The tendency of Bulgarians returning from abroad is permanent. This became apparent during the forum “Europe is with me”, organized by the Ministry of Labour and Social Policy’s Human Resources Development Programme, the Bulgarian news agency BTA..

published on 10/21/25 2:31 PM

World public service media meet in Sofia, discuss current challenges

There is no democracy and freedom without freedom of speech and pluralism, said President Rumen Radev at the opening, in Sofia, of the annual Public Broadcasters International Conference (PBI 2025) . For the first time, the Bulgarian National Radio..

published on 10/21/25 2:05 PM

BNR hosts the 2025 edition of the annual Public Broadcasters International conference

For the first time, the Bulgarian National Radio (BNR) is hosting the annual Public Broadcasters International conference . The conference brings together public media bosses and executives from 24 countries across five continents. The theme..

published on 10/21/25 10:42 AM