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

Bulgarian authorities crack down on illegal citizenship scheme in Sofia

Security agencies in Bulgaria, DANS (State Agency for National Security) and GDBOP (General Directorate Combating Organized Crime), are carrying out an operation in Sofia targeting a group suspected of illegally granting Bulgarian citizenship...

published on 7/2/25 5:56 PM

“If we can import doctors for $500, why not MPs for 500 leva?” — President Radev’s sharp retort to Toshko Yordanov

In a declaration, MPs from the We Continue the Change–Democratic Bulgaria (PP–DB) coalition called for Toshko Yordanov, the chair of the Culture Committee and an MP from There Is Such a People, to resign. This followed his controversial comments about..

published on 7/2/25 5:45 PM

Checks are being carried out for illegal trade in Bulgarian seaside resorts

The Ministry of Tourism has carried out nearly 200 checks in Bulgarian Black Sea resorts over the past month, Minister Miroslav Borshosh reported.  An inspection is currently underway in Sunny Beach. “We want to put a stop to all types of illegal..

published on 7/2/25 3:01 PM