Bulgaria plans to raise defense spending to 5% of GDP by 2035

Bulgaria intends to significantly boost its defense expenditures, aiming to reach 5% of its Gross Domestic Product by 2035. This strategic financial commitment was announced by the Chief of Defense, Admiral Emil Eftimov, following a meeting in Bulgaria with General Alexis Grenkevich, the Supreme Allied Commander Europe of the United States Armed Forces.

Admiral Eftimov characterized the planned increase in defense spending not as a mere cost, but as a crucial investment in Bulgaria's future and its overall security. The announcement comes amid ongoing geopolitical shifts and underscores the nation's dedication to strengthening its military capabilities and its role within the NATO alliance.

The meeting with General Grenkevich provided a platform for discussions on defense cooperation and strategic priorities. While specific details of their conversation were not elaborated upon, the timing of the defense spending announcement suggests a coordinated approach to regional security challenges and a commitment to meeting alliance obligations.