Prime Minister Rosen Zhelyazkov led the Bulgarian delegation at the recently concluded NATO Summit in The Hague. Speaking to journalists, he stated that an agreement had been reached — with Bulgaria’s support — for each allied country to raise its defence spending to 5% of its gross domestic product (GDP) by 2035, the government press service reported.
According to the prime minister, 3.5% will be allocated to direct defence expenditure, while 1.5% will go towards additional defence-related costs, such as investments, technology, know-how transfer and dual-use infrastructure. Zhelyazkov added that there are no annual targets — what matters is achieving the overall goal by 2035. A national plan for defence investments is to be developed.
Editor: Miglena Ivanova
Posted in English by E. Radkova
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the Bulgarian National Radio. The country is to receive EUR 439 million. EU may cut money for..
With 111 votes for, 51 against and 43 abstained, the National Assembly approved the establishment of an ad-hoc committee to investigate the activities of George Soros and his son Alexander Soros and their foundations in this country financing..
Prime Minister Rosen Zhelyazkov and Deputy Prime Minister Tomislav Donchev cancelled the meeting, scheduled for today, of the National Tripartite Council on the draft budget for 2006 after, in an unprecedented move, businesses decided not to take..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the..
Prokopan is the only railway tunnel on the Plovdiv-Burgas line. This became clear during a visit by Deputy Minister of Transport Lyuben Nanov, who was..
Cloudy
Rain
Overcast, rain
Scattered showers