Bulgaria’s Finances Squeezing Existing Arms Deals

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F910 Wielingen(click to view full) Bulgaria’s government recently allocated BGN 256 million (about EUR 131M/ $174M) from the country’s fiscal reserve in order to complete a number of arms deals, lest it find key defense items repossessed. Bulgaria is actually one of the few NATO countries to meet the agreed 2% of GDP threshold for […]

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