The US Congress has approved the sale of eight F-16C/D Block 70/72 multirole fighter jets to Bulgaria, with support, for an estimated cost of USD 1.673 billion.
Within the next two weeks the American side is to submit a draft contract to the Bulgarian side. The expected cost of acquiring the aircraft, with the package of the combat capabilities necessary, will be within the bounds of USD 1.2 billion, the Bulgarian Defence Ministry has announced.
To begin with, Bulgarian parliament approved a sum of no more than USD 1.03 billion for the 8 new multirole jets, but later an annex was approved, allowing a variation from the above sum.
President Rumen Radev has returned for new discussion in the National Assembly the amendments to the State Agency for National Security (SANS) Act, adopted on October 2 this year, which assign the power to appoint or dismiss the chairman of the agency..
On Wednesday, the lowest temperatures will range between 6°C and 11°C, around 7°C in Sofia. Cloud cover will remain significant over most of the country, with rain showers in parts of Eastern Bulgaria and the mountains, more intense in the Rhodope..
In its new World Economic Outlook report, the IMF has raised its forecasts for Bulgarian economic growth this year and next, compared to its estimates from April. At the same time, IMF expects increase in inflation, as well as a decrease in the..
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