Browsing Tag

Military Budget

Bulgaria Plans to Spend 2.25 bln Euro on Defence, Security in 2018

Bulgaria plans to spend 4.4 billion levs ($2.64 billion/2.25 billion euro) on defence and security next year, figures from the 2018 draft budget proposed by the finance ministry showed on Monday. The planned expenditure represents 4.2% of the gross domestic product (GDP) projected for 2018, the ministry said in a statement. Budget draft 2018…

Bulgarian Minister of Defense Requests BGN 90M For the Fleet in the Next Budget

The Ministry of Defense will want in the next budget to allocate BGN 90 million for the modernization of our warships. This was announced by the Minister of Defense in Varna, where the 138th anniversary of our navy was celebrated, reported bTV. This kind of troops have existed in Bulgaria since 12 August 1879, when the Danube fleet was…

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