Bulgaria's Eurozone Aspirations: Fitch Ratings Affirms Positive Outlook
Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook
Bulgaria is set to bolster NATO's presence in Kosovo as it prepares to send a contingent of 100 military personnel from Yambol to join the NATO stabilization force in Kosovo (KFOR). The deployment marks a significant contribution to NATO's efforts in maintaining peace and stability in the region.
The official ceremony, attended by Deputy Chief of Defense Lieutenant General Mikhail Popov and Ground Forces Commander Major General Deyan Deshkov, underscores Bulgaria's commitment to supporting NATO operations abroad.
Comprising mainly servicemen from the 2nd Tundzha Mechanized Brigade, along with personnel from various other military units, the contingent has undergone rigorous training to ensure readiness for its mission. Following a certification exercise at the Pobeda training ground, the unit received a "Combatant" rating from a commission of the Joint Forces Command.
Major Svetlin Simeonov from the management of the 2nd Tundzhan Mechanized Brigade serves as the assistant national commander of the contingent, with Senior Lieutenant Slavi Slavchev from the 38th Mechanized Battalion appointed as the commander of the security company.
The deployment highlights Bulgaria's active role within the NATO alliance and its dedication to promoting peace and security in the Balkan region.
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Bulgaria's Parliament has taken a significant step towards acquiring eight multi-role F-16 Block 70 aircraft and associated support by ratifying Amendment No. 2 to the Letter of Agreement (LOA) BU-D-SAB.
In an announcement made on Friday, Flotilla Admiral Georgi Penev, Deputy Commander of the Bulgarian Navy, revealed plans for significant upgrades and modernization within the naval forces
Specialists from the United States have conducted an inspection of the repair work at Bulgaria's air base near Graf Ignatievo
Vazovsky Machine Building Plants (VMZ) in Sopot have achieved a remarkable milestone, recording a staggering BGN 828 million in net sales revenue for the year 2023, doubling compared to the previous year
The Bulgarian National Assembly has unanimously voted in favor of a 30% salary increase for military personnel
Tensions in the Black Sea region have escalated, following Russia's invasion of Ukraine, as NATO announces plans to bolster its military presence, with a new base set to be established in Bulgaria
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022