Could Bulgaria Face a 'Greek Scenario' After Adopting the Euro?
With Bulgaria set to adopt the euro on January 1, 2026, questions are surfacing about whether the country might face financial risks similar to those that led to Greece’s debt crisis
NATO Secretary General, Anders Fogh Rasmussen, is taking part Monday in the spring session of the Alliance's Parliamentary Assembly, held in Bulgaria's Black Sea capital of Varna.
The forum, which began on Friday, May 30, is focusing on issues such as cyber terrorism, nuclear disarmament in Europe, the economic crisis, security, and developments in northern Africa and the Middle East.
The meeting is held in Bulgaria for the second time. In his report, Bulgarian Defense Minister, Anyu Angelov, announced the number of Bulgarian rangers, participating in NATO missions, would not be increased in 2011.
While in Bulgaria, Fogh Rasmussen is also scheduled to meet with President, Georgi Parvanov, the Speaker of the Parliament, Tsetska Tsacheva, Prime Minister, Boyko Borisov, and Foreign Affairs Minister, Nikolay Mladenov.
"The missile threat is real and NATO needs protection. We have asked Russia for support – our relations are improving. We have no intentions of menacing Russia and we have invited it to negotiations. We believe there have to be two missile defense systems – Russia's and NATO's to protect from a direct attack and exchange data," the Secretary General said in an interview for the Bulgarian National Television, BNT, pointing out a decision on the location of elements of the missile shield, including Bulgaria, is still pending.
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
The frequency of cyberattacks targeting Bulgarian companies, institutions, and individuals has been rising sharply amid the tense global situation
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