Bulgaria's Latest Military Aid to Ukraine Likely Includes Surplus Anti-Aircraft Systems
Bulgaria has decided to provide additional military aid to Ukraine, as confirmed by the latest meeting of the caretaker government led by Dimitar Glavchev
Nicolas Schmit, the newly-elected president of the Party of European Socialists (PES), has voiced his support for Bulgaria's full accession to the Schengen Area. Speaking at a press briefing following his election at a PES congress held in Rome, Schmit emphasized the importance of Bulgaria's integration into the Schengen Zone.
"It is time for Bulgaria to join Schengen fully. I have always supported Bulgaria and Romania," stated Schmit, highlighting his longstanding advocacy for the inclusion of both countries in the border-free Schengen Area.
Schmit's endorsement comes amidst ongoing discussions regarding Bulgaria's European Union membership, a topic that has gained prominence since the tenure of Sergey Stanishev as Bulgaria's prime minister from 2005 to 2009. Acknowledging Bulgaria's active role within the EU and its significance for European security, Schmit emphasized the need to support and acknowledge Bulgaria's contributions to the European project.
"Bulgaria is a very active and important member of the EU. The country is important to European security. It has to be supported and recognized," affirmed Schmit, underscoring Bulgaria's role as a key player in regional and European affairs.
As Bulgaria continues its efforts towards full integration into the Schengen Area, Schmit's statement signals a positive stance from the PES towards Bulgaria's aspirations for closer European integration.
Mass layoffs have resurfaced in Bulgaria's labor market, with nearly 10,000 workers affected in the past two years
Bulgaria's banking system is on track to surpass three billion leva in profits again this year, following the record-breaking 3.4 billion leva reported in 2023
In 2023, the average gross annual salary in Bulgaria reached 24,485 leva, marking a 15.3% increase compared to the previous year
In October, Bulgarians predominantly traveled to neighboring Turkey and Greece, while the largest groups of foreign visitors to Bulgaria came from Romania and Turkey
Small grocery stores contribute approximately 10% to Bulgaria's GDP
Bulgaria's purchasing power stands at about 60% of the European average
Bulgaria Ranks Second in the Balkans at Paris 2024 Olympics, 26th Overall
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