IHS

Several weeks before the parliamentary elections, leading institutes and international organizations presented their forecasts for Bulgaria in 2021 and the next few years, containing - at best - very low expectations for any serious reforms and the fight against corruption.

In 2014 global defense spending increased for a sixth year in a row, according to a study by business analyst firm IHS. Defense trade rose by 13.4 per cent to 64.4bln US dollars. These are the countries the imported the most weapons and those that exported the most. The US tops the exporters of military equipment, followed by Russia.

Barely a year after emerging from a savage recession comparable in its intensity to the Great Depression in the U.S., Greece's economy is shrinking again.