28 November 2025 | 15:03
In his speech, the president pointed out that Bulgaria highly values its relations with Iraq, which is an important partner in the Middle East region
NEWS
Rumen Radev ahead of the NATO summit in London: the Funds Invested in Defense Capabilities Should Contribute to the Countries’ Own Economic Development and Social Systems
2019-12-04 11:21:00The NATO summit should not become a domestic-policy rostrum, but should contribute to strengthening unity and increasing security. However, the problems and existing contradictions should be openly stated and a constructive dialogue should be held, which we expect to happen. This is what President Rumen Radev said before the beginning of the Summit of the state and government leaders of the NATO member states in London.
The President said that five years ago all member states assumed the commitment to increase the defense expenditures. However, this should be done in a transparent and efficient manner. “The quantitative criterion should not be the only measurement in this respect. It is important how the invested money is transformed in defense capabilities and equally important is that it should contribute to the countries’ economic development and to strengthening the social systems, not to their depletion,” President Rumen Radev further said.
MORE FROM NEWS
24 November 2025 | 19:07
Taking advantage of their geostrategic position, Bulgaria and Georgia have the potential to deepen their connectivity in various areas such as transport, energy, and the digital sector, which will contribute to promoting the economy, investment, and prosperity in the Black Sea region. This was stated by President Rumen Radev, who held a meeting with the Speaker of the Parliament of Georgia, Shalva Papuashvili.
13 November 2025 | 14:02
The two were unanimous that restoring peace in Europe through diplomacy is a priority for the EU and the only way to ensure the long-term security and stability of the Old Continent.
12 November 2025 | 14:02
The President recalls that the institution of the Special Commercial Administrator (SCA) was introduced by an Act adopted in 2023, which also established a number of safeguards against potential abuse and arbitrariness — safeguards of the kind already adopted in other European states faced with similar circumstances, with the objective of minimising the risk of subsequent financial claims against the State