Bulgarian Startup Paypercut Attracts €2M in Pre-Seed Round Backed by Global Tech Investors
Bulgarian fintech company Paypercut has secured €2 million in pre-seed financing
Former Bulgarian Minister of Defense and current head of the "Center for Security and Defense Management" at the Bulgarian Academy of Sciences, Prof. Todor Tagarev, has stated in front of BNR that the likelihood of Russian President Vladimir Putin resorting to nuclear weapons is minimal. Speaking to the Bulgarian National Radio, he expressed confidence that such an action is highly improbable, even in the context of the ongoing war in Ukraine.
Tagarev emphasized that using nuclear weapons in Ukraine would likely alienate nations that have been supportive of Russia, including key allies such as China, as well as influential countries in the Global South, such as India and Brazil. He further noted that the expert community largely agrees that nuclear escalation, even within Ukraine, is an extremely unlikely scenario.
Lithuanian MEP Rasa Juknevičienė, representing the European People’s Party (EPP), highlighted the importance of collective security within the European Union, particularly on its eastern flank. She warned against viewing the security concerns of Baltic states and neighboring countries as isolated issues. According to Juknevičienė, any threat to the Baltic region would have severe implications for the EU as a whole, reinforcing the need for unified defense strategies.
Juknevičienė argued that ensuring the security of the Baltic states and protecting against Russian aggression is essential for the stability of the entire union. She dismissed the notion that threats in this region could be considered a localized issue, emphasizing that any destabilization there would inevitably impact the broader European community.
Bulgaria is set to create a new National Defense Plan following the upcoming NATO Summit in The Hague
Bulgaria remains firmly committed to NATO’s efforts to boost its collective defense capabilities
The United States Air Force (USAF) and Bulgarian Air Force launched the operational component of the annual Thracian Star joint exercise this morning at Bezmer Air Base
Between July 9 and 11, the Central Military Club in Sofia hosted the first coordination conference aimed at developing the core capabilities of Bulgaria’s and North Macedonia’s Land Forces in operating and integrating Stryker combat vehicles
A significant national security concern has emerged regarding Bulgaria’s entry into the eurozone
Bulgaria is moving forward with plans to modernize its armed forces
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