Bulgaria's Eurozone Entry by 2026: Possible, But Tense, Expert Warns
Financier Plamen Danailov, a municipal councilor from the "There Is Such a People" party, recently discussed Bulgaria's potential adoption of the euro
Deputy Defence Minister Atanas Zapryanov revealed the plans for the thorough modernisation of the Bulgarian Armed Forces, estimating a budget exceeding BGN 37 billion. Speaking at a conference commemorating the 20th anniversary of Bulgaria's NATO membership, held at Sofia's Central Military Club, Zapryanov emphasized the critical need for investment in defence capabilities.
The three-day forum, commencing on Tuesday, served as a platform for discussions on Bulgaria's NATO membership and the evolving geopolitical landscape. Zapryanov highlighted the importance of parliamentary support for a scheduled defence investment plan, asserting that it would ensure the enhancement of Bulgaria's defence capabilities.
Acknowledging the recruitment crisis within the Armed Forces, Zapryanov underscored the pressing need for measures to address this challenge. Drawing parallels between the current geopolitical climate and the situation in 1949, he emphasised the enduring relevance of NATO in countering contemporary threats.
Zapryanov drew attention to the geopolitical ambitions of Russia, asserting that the North Atlantic Treaty has remained resilient over its 75-year history without requiring amendments. He emphasised the significance of NATO's role in preserving security and stability in the face of attempts by Russia to expand its sphere of influence.
The ongoing NATO exercise Steadfast Dart 2025, which runs from January 8 to February 22 across Bulgaria, Greece, and Romania, aims to enhance the Alliance's readiness and adaptability
A total of over 234.3 million leva, excluding VAT, has been allocated for four urgent construction and installation contracts at Graf Ignatievo Airport
Bulgaria's airport operators have agreed on the need to implement anti-drone systems at all international airports in the country
Anton Zlatanov, the head of the Border Police, spoke to BNT about the need for anti-drone systems at all strategic locations in Bulgaria, including airports
By the end of September, Bulgaria is set to receive eight F-16 Block 70 fighter jets
The Bulgarian Ministry of Defense has reported a significant rise in the number of individuals interested in joining the military
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