Republic of Bulgaria in the context of "Old Great Bulgaria"

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⭐ Core Definition: Republic of Bulgaria

Bulgaria, officially the Republic of Bulgaria, is a country in Southeast Europe. It is situated on the eastern portion of the Balkans directly south of the Danube river and west of the Black Sea. Bulgaria is bordered by Greece and Turkey to the south, Serbia and North Macedonia to the west, and Romania to the north. It covers a territory of 110,994 square kilometres (42,855 sq mi) and is the tenth largest within the European Union and the sixteenth-largest country in Europe by area. Sofia is the nation's capital and largest city; other major cities include Burgas, Plovdiv, and Varna.

One of the earliest societies in the lands of modern-day Bulgaria was the Karanovo culture (6,500 BC). In the 6th to 3rd century BC, the region was a battleground for ancient Thracians, Persians, Celts, and Macedonians; stability came when the Roman Empire conquered the region in AD 45. After the Roman state splintered, tribal invasions in the region resumed. Around the 6th century, these territories were settled by the early Slavs. The Bulgars, led by Asparuh, attacked from the lands of Old Great Bulgaria and permanently invaded the Balkans in the late 7th century. They established the First Bulgarian Empire, victoriously recognised by treaty in 681 AD by the Byzantine Empire. It dominated most of the Balkans and significantly influenced Slavic cultures by developing the Cyrillic script. Under the rule of the Krum's dynasty, the country rose to the status of a mighty empire and great power. The First Bulgarian Empire lasted until the early 11th century, when Byzantine emperor Basil II conquered and dismantled it. A successful Bulgarian revolt in 1185 established a Second Bulgarian Empire, which reached its apex under Ivan Asen II (1218–1241). After numerous exhausting wars and feudal strife, the empire disintegrated and in 1396 fell under Ottoman rule for nearly five centuries.

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Republic of Bulgaria in the context of Bulgarian Navy

The Bulgarian Navy (Bulgarian: Военноморски сили на Република България, romanizedVoennomorski sili na Republika Balgariya, lit.'Naval Forces of the Republic of Bulgaria') is the navy of the Republic of Bulgaria and forms part of the Bulgarian Armed Forces.

The Principality of Bulgaria established its navy soon after its creation, in 1879, to operate on the Danube river and the Black Sea, but the young country could spend only limited resources on warships. In the conflicts of the 20th century in which Bulgaria was involved - the Balkan Wars, World War I and World War II, the navy played a limited role, mainly protecting Bulgarian harbors and shipping. The navy's greatest combat feat was a torpedo attack against an Ottoman cruiser during the First Balkan War that forced the ship to retreat.

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Republic of Bulgaria in the context of Government of Bulgaria

The Council of Ministers (Bulgarian: Министерски съвет, Ministerski savet) is the main authority of the executive power in the Republic of Bulgaria. It consists of the Prime Minister of Bulgaria and all the specialized ministers.

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Republic of Bulgaria in the context of Bulgarian National Bank

The Bulgarian National Bank (Bulgarian: Българска народна банка, romanizedBulgarska narodna banka, IPA: [ˈbɤɫɡɐrskɐ nɐˈrɔdnɐ ˈbaŋkɐ], BNB) is the central bank of the Republic of Bulgaria, issuing the lev. On 1 January 2026, it is set to become the national central bank for Bulgaria within the Eurosystem as the country adopts the euro as its currency.

Headquartered in Sofia, the bank was established in 1879. It is the 13th-oldest continuously existing central bank in the world. The bank has a key role in the Bulgarian economy. An independent institution responsible for issuing all banknotes and coins in the country, BNB is tasked with safekeeping the government's currency reserves. It is also the sole owner of the Bulgarian Mint.

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