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The Bulgarian National Assembly has amended the 2019 state budget and increased the budget of the Ministry of Defense with EUR 1.07 billion. The amendment of the state budget aims to provide financing for the purchase of 8 new multi-role fighter jets for the Bulgarian armed forces.
The previously planned spending to the tune of EUR 139 million for other projects related to the modernization of the Bulgarian army will not be made this year, the Bulgarian MPs further decided. The state budget deficit in 2019 will increase to EUR 1.139 billion, BNR reported
Former finance minister and co-leader of "We Continue the Change" Asen Vassilev sharply criticized the draft 2026 state budget, describing it as an unprecedented act of financial pressure on citizens and businesses
GERB leader Boyko Borissov declared that he “never lies” and stood by his earlier remarks about discussing the lifting of the Magnitsky sanctions with certain individuals
Bulgaria’s first budget in euros has sparked strong criticism from economists and opposition politicians, who describe it as the worst financial plan in more than twenty-five years
GERB leader Boyko Borissov firmly stated in parliament that the 2026 state budget will neither be amended nor withdrawn, despite growing criticism from opposition parties and economists
Bulgaria is facing intense debate over its draft budget for 2026, with opposition figures describing it as a severe economic shock
Economist Prof. Garabed Minasyan criticized the Bulgarian government on BNT, pointing out that it has failed to comply with legal deadlines for budget submissions
The Bulgarian army has begun the process of retiring the long-serving Soviet Makarov pistol, which has been in service since 1951
Armin Papperger, CEO of the German arms manufacturer Rheinmetall, stressed the critical importance of securing NATO’s eastern flank
Sofia Mayor Vasil Terziev has officially revoked the delegated powers of the city’s Chief Architect, Bogdana Panayotova
The Russian Embassy in Sofia has issued a warning that an increasing number of Russian citizens in Bulgaria are falling victim to property-related fraud
Bulgaria’s National Assembly voted overwhelmingly in favor of granting sweeping powers to the future special manager of Lukoil Neftochim Burgas
A majority of Bulgarians continue to see democracy as the best system of governance
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence
