Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Financing for defence could be increased provided there are concrete projects: Finance Minister

Finance Minister Assen Vassilev
Photo: BGNES

“The financing for defence could be increased, provided there are concrete projects,” Deputy Prime Minister and Minister of Finance Assen Vassilev stated today, and added that if there are Ministry of Defence projects which have not been presented within the budget procedure, they should be examined.

Minister Vassilev stated further that no money will be paid out for “aircraft on paper”, and added that there is a programme, which has been adopted, of up to 2% of the GDP for modernization and armament and that this programme was being implemented. This country is a little over the percentage envisaged for the year, Minister Vasslev said. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Iliana Iotova

Iliana Iotova: No one has reassured Bulgarians that there will be no fuel problems

''I am not surprised that the president’s veto concerning the sale of Lukoil’s assets was overturned, because even on such a delicate, serious and worrying issue, there were no arguments or discussion'', Vice President Iliana Iotova told journalists..

published on 11/6/25 5:54 PM
A press conference of the Bulgarian Association of Sterility and Reproductive Health

Birth rate in Bulgaria has decreased by 33% since 1994

Birth rate in Bulgaria has decreased by 33% over the past three decades. In 1994, 79,442 live births were registered in the country, while in 2024 the number dropped to 53,428. 6.5% of Bulgarian children are now born through in vitro fertilization..

published on 11/6/25 5:15 PM

MPs override President's veto on changes to Investment Promotion Act

The majority in parliament overcame the president's veto on the Investment Promotion Act. The bill was passed in second reading on October 24, but President Rumen Radev vetoed parts of it, arguing that the proposed rules specifically..

published on 11/6/25 4:41 PM