Inflation Rises Slightly in Bulgaria, Falls Across the Eurozone
Inflation in Bulgaria recorded a slight uptick in May 2025
Kiril Petkov, co-chair of "We Continue the Change - Democratic Bulgaria" (WCC-DB), backed the "Denkov-Gabriel" cabinet, emphasizing Bulgaria's defense strategy focusing on modernizing the army with 21st-century technologies. He argued that relying on outdated Russian equipment might evoke nostalgia but doesn't match the combat capabilities of modern technologies attainable by the Bulgarian government. Petkov compared F16 and MIG-29 aircraft, highlighting the significant advantage of the former in direct competition.
Addressing parliament, Petkov underscored the true cost of modernization, urging the importance of investments in modern defense systems to safeguard Bulgarian lives and prevent innocent casualties. He stressed the need for concurrent modernization of air and ground defense to align with NATO allies, emphasizing its deterrent effect to prevent Bulgaria from entering wars, ensuring peace.
Nastimir Ananiev, another WCC-DB member, criticized opposing parties, labeling their stance as "political schizophrenia," denouncing alleged patriotism that contradicts the pursuit of a modern army to attract support.
MP Ivaylo Mirchev rebuffed opposition claims, clarifying that decisions about old armored carriers came from the National Assembly, not the government. He highlighted Bulgaria's steps to minimize potential attacks, including the acquisition of Stryker combat machines, aiming to deter potential threats from Eastern adversaries.
Mirchev also clarified that Bulgaria hasn't depleted its ammunition reserves, renewing them with products from national military factories. He addressed the country's support to Ukraine, stating it equates to only a fraction of aid, indicating the European Union's reimbursement for the assistance.
The remarks underscored the importance of modernization in Bulgaria's defense strategy to ensure security and deter potential conflicts.
Bulgarian Minister of Defense Atanas Zapryanov and his French counterpart, Minister of the Armed Forces Sébastien Lecornu, signed a framework agreement on June 16
Israel has launched a large-scale military operation against Iran, striking what it claims are nuclear and military targets.
Chief of Defense Admiral Emil Eftimov stated that Bulgaria’s objective is to unlock the full potential of the American-made F-16 fighter jets
Despite Ukraine’s recent military success targeting Russian aircraft, Russian President Vladimir Putin has shown no real inclination to engage in meaningful peace talks
Six more F-16 fighter jets are expected to be delivered to Bulgaria by the end of the year, Chief of Defense Admiral Emil Eftimov announced
Bulgaria welcomed its second F-16 Block 70 aircraft on June
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe