In 2024, Bulgaria spent USD 2.208 billion (3.964 billion BGN), or 2.04% of its GDP, on defense, reads the annual report of NATO Secretary General Mark Rutte. For the first time, the country has met the NATO target set in 2014, which requires each member state to spend at least 2% of its GDP on defense. Back in 2024, NATO members agreed to commit t least 2% of their GDP on defense following Russia’s annexation of Crimea.
According to the report, Bulgaria's GDP for 2024 is USD 108.425 billion, which translates to USD 14,200 per capita, meaning USD 289 per person was spent on defense. 16 NATO countries spend more than Bulgaria on defense. Bulgaria’s defense spending is on par with Albania. Poland is NATO’s biggest defense spender- 4.07% of the GDP. Spain is the alliance's lowest defense spender, setting aside just 1.28% of its GDP on the military in 2024. The Unites States spend 3.19% of its GDP on defense, reports the BNR’s correspondent in Brussels Angelina Piskova.
In the Synodal Palace, Bulgarian Patriarch Daniil met with the parliamentary group of "BSP - United Left". The delegation of the socialists was led by Deputy Prime Minister and Chairman of BSP, Atanas Zafirov, the Synod of the..
On Wednesday, the lowest temperatures will range from 5°C to 10°C, around 7°C in Sofia. During the day, cloud cover will remain significant, with light rain in some areas, mainly in Southeastern Bulgaria and the mountain regions. There will be a light..
Prokopan is the only railway tunnel on the Plovdiv-Burgas line. This became clear during a visit by Deputy Minister of Transport Lyuben Nanov, who was on-site to see the progress in the modernization of the Orizovo-Mihaylovo railway section. The..
The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
Prokopan is the only railway tunnel on the Plovdiv-Burgas line. This became clear during a visit by Deputy Minister of Transport Lyuben Nanov, who was..
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