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
Defense Minister Atanas Zapryanov has implemented a 30% salary increase for the Bulgarian Army, setting the basic monthly salary for the lowest military personnel position at 2,296 leva. This applies to both military personnel and civilian employees in the Ministry of Defense and its directly subordinate structures.
The order was issued in compliance with the Defense and Armed Forces of the Republic of Bulgaria Act, which mandates annual determination of the lowest position's basic salary based on the country's average salary for the second quarter of the previous year. The increase will be applied retroactively to January's salaries.
This salary adjustment follows legal requirements that the Minister of Defense establish the base salary amount in the first month of the year. The new rate encompasses military personnel and civilian employees not covered by the Civil Servant Act or Article 107a of the Labor Code, ensuring a comprehensive salary enhancement across the defense sector.
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
Operation Rising Lion: Why and How Israel Attacked Iran
EU Population Grows by Over a Million, While Bulgaria Continues to Shrink