Bulgaria's Eurozone Aspirations: Fitch Ratings Affirms Positive Outlook
Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook
Bulgaria, Greece, Romania, Turkey and the US are due to take part in NATO's Breeze 2014 naval drills beginning on July 4, Bulgaria's Defense Ministry has announced.
The nine-day-long military exercise is to be held in the Western section of the sea and are aimed at improving the tactical compatibility and collaboration among naval forces of the alliance's member states.
Apart from ships provided by the Balkan countries and the US, the Pentagon has also deployed a patrol warplane.
NATO's website also reports that Italian navy frigates, the ITS AVIERE and the ITS RIMINI, have entered the Black Sea to participate.
Bulgaria's port city of Burgas has peen picked to host the staff of the drills.
While Breeze 2014 is taking place, the staff of the Bulgarian Naval Forces will be certified for conformity of the level of planning independent operations to NATO criteria, according to the website pan.bg, specialized in defense issues.
The exercise, which ends July 13, starts amid stepped-up presence of alliance forces in the Black Sea over the Ukraine crisis and Russia's decision to incorporate the Crimean peninsula in March this year.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Bulgaria's Parliament has taken a significant step towards acquiring eight multi-role F-16 Block 70 aircraft and associated support by ratifying Amendment No. 2 to the Letter of Agreement (LOA) BU-D-SAB.
In an announcement made on Friday, Flotilla Admiral Georgi Penev, Deputy Commander of the Bulgarian Navy, revealed plans for significant upgrades and modernization within the naval forces
Specialists from the United States have conducted an inspection of the repair work at Bulgaria's air base near Graf Ignatievo
Vazovsky Machine Building Plants (VMZ) in Sopot have achieved a remarkable milestone, recording a staggering BGN 828 million in net sales revenue for the year 2023, doubling compared to the previous year
The Bulgarian National Assembly has unanimously voted in favor of a 30% salary increase for military personnel
Tensions in the Black Sea region have escalated, following Russia's invasion of Ukraine, as NATO announces plans to bolster its military presence, with a new base set to be established in Bulgaria
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022