🎁 💸 Warren Buffett's Top Picks Are Up +49.1%. Copy Them to Your Watchlist – For FreeCopy Portfolio

U.S. to provide Stryker army company to NATO battlegroup in Bulgaria

Published 19/03/2022, 09:56
© Reuters. U.S. Secretary of Defense Lloyd Austin shakes hands with Bulgarian Prime Minister Kiril Petkov, in Sofia, Bulgaria, March 19, 2022. REUTERS/Stoyan Nenov
SYK
-
S1YK34
-

SOFIA (Reuters) - The United States has agreed to provide a Stryker (NYSE:SYK) mechanized infantry company for Bulgaria's battlegroup under NATO's drive to bolster its eastern flank after Russia's invasion of Ukraine, Bulgarian Prime Minister Kiril Petkov said on Saturday.

"The USA agreed to provide a Stryker company," he told a press conference with U.S. Defense Secretary Lloyd Austin. "This is a strong sign to all of our allies in NATO."

Bulgaria, once Moscow's closest ally during the Cold War era but a NATO and European Union member state, is establishing a battlegroup of up to 1,000 troops under the operational command of NATO's Supreme Allied Commander Europe. The battlegroup is expected to host troops from other allied countries as well.

© Reuters. U.S. Secretary of Defense Lloyd Austin shakes hands with Bulgarian Prime Minister Kiril Petkov, in Sofia, Bulgaria, March 19, 2022. REUTERS/Stoyan Nenov

"I wanted to underscore the importance of the announcement that Bulgaria has established and is leading a NATO multinational battlegroup. It is an important step and we fully support it," Austin said.

Petkov said Bulgaria would continue to send humanitarian aid to Ukraine and take in Ukrainian refugees from the war, but it was not considering sending any weaponry to Kyiv for the time being as his Black Sea country was too close to the conflict.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.