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
Austria will not send military personnel to Bulgaria and Serbia for the defence of their borders from migrants, stated Austrian Federal Minister of Defence Hans Peter Doskozil, cited by Die Presse.
According to him, assistance will not be provided because this is impossible at the moment due to the existing legal situation.
With respect to Serbia, the Minister stated that Serbia does not need personnel at the borders, while Serbian legislation does not provide for such an option. Belgrade, however, needs financial and technical aid, and has already requested assistance in these fields.
Regarding the 75-member Austrian military staff in Hungary, Doskozil explained that this is a humanitarian operation since Vienna does not have the right to act on an operative level in Hungary.
“At present, we do not have any plans for further operations of the armed forces,” stated the Defence Minister.
With respect to Bulgaria, the Minister pointed out that bi-lateral relations between the countries are not at a level that allows for such requests to be fulfilled.
“This is the first step. Of course, Bulgaria has concrete ideas how it needs to be supported. We, however, have not advanced that much in bi-lateral terms. We cannot implement these ideas,” added Doskozil.
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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