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
23:01
BVB closed Tuesday’s session lower, with transactions worth 125.4 million lei
22:55
Diana Buzoianu: “The inspectors who uncovered the illegal gravel pit on the Olt have just received the decision to have their cars confiscated so that they can no longer carry out inspections”
22:50
Greenland's Parliament ratifies the security agreement with the US, despite criticism from the opposition, which questioned its economic benefits
22:44
Robert Sighiartău responds to Alice Weidel: “Romanians are not plundering Germany; they are contributing to its prosperity”
22:32
Oil prices fall to their lowest level in weeks amid peace negotiations regarding the conflicts in Iran and Ukraine
See more news