Paradise Lost, Paradise Not Regained
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Two of Bulgaria's Deputy Ministers (of Economy and Defense) announced during the Hemus 2008 International Defense Expo that the country's military industry had already regained its positions on the global arms market that it had some 20 years ago.
These were rather bold statements. Not only because according to their data, in 2007 Bulgaria's arms exports amounted to EUR 180 M, whereas in the 1980s they were USD 900 M per year and even reached the record USD 1,5 B towards the end of the decade.
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Saturday 31 May, 2008 11:05 PM |