Bulgarian Defense Minister Atanas Zaprianov announced at a forum in Sofia that the country will increase defense spending to 3.5% of GDP by 2032 amid threats from Russia. Bulgaria will reach a target of 2% of GDP by 2024, but considers this level insufficient to modernize its armed forces. The defense ministry is working actively with the local defense industry and aims to use EU mechanisms to increase fiscal flexibility, while maintaining a conservative policy in the run-up to eurozone membership.
Sources
Bulgaria va crește cheltuielile de apărare la 3.5% din PIB. „Rusia este cea mai gravă amenințare. Trebuie să fim pregătiţi”
Bulgaria va crește considerabil cheltuielile pentru apărare. „Rusia este cea mai gravă amenințare”
Bulgaria accelerează înarmarea. Apărarea va primi 3,5% din PIB până în 2032
Bulgaria va creşte cheltuielile de apărare la 3.5% din PIB până în 2032, afirmă ministrul Apărării
Latest News
11:29
Doina Pârcălabu warns that pensions must be reviewed, while overpayments could be recovered through garnishment
11:27
USR again proposed Siegfried Mureșan to Nicușor Dan as prime minister, but does not rule out snap elections: It is important to have a nomination
11:25
The Australian government is tightening its immigration policy. The new measures primarily target foreign students
11:20
OpenAI reveals troubling incidents: AI models tried to cheat and concealed fabricated information
11:18
American billionaires Todd Boehly and Mark Walter, shareholders in Chelsea Football Club, have sold their stakes to the majority shareholder, investment fund Clearlake Capital
See more news