Bulgaria's Tourism Shifts Toward Experience-Focused Stays as Demand Grows
Tourism in Bulgaria is increasingly shifting from traditional hotel stays to more experience-focused offerings
Bulgaria is projected to spend 2.18 percent of its gross domestic product on defense this year, according to data released by NATO last night. This marks the first time the country has not only met but exceeded the NATO goal of spending at least 2 percent of GDP on defense, a target established in 2014 following Russia's annexation of Crimea and the occupation of parts of Ukraine's Donetsk and Luhansk regions by Moscow-backed separatists.
NATO's calculations indicate that Bulgaria's defense expenditure in 2024 will be 2.325 billion dollars, or 4.217 billion BGN, based on 2015 prices. With Bulgaria's GDP expected to reach 106.721 billion dollars this year, the per capita defense spending will amount to 218 USD, considering a per capita GDP of 10,000 USD.
The military personnel in Bulgaria will total 26,900 this year. Of the defense budget, 31.89% will be allocated to military equipment, while over half, or 51.59%, will be dedicated to staff expenses. Additionally, 4.58% of the budget will be spent on infrastructure, and 11.94% will be reserved for other expenses.
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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