Bulgaria has negotiated compensations for the delay in the delivery of F-16 fighter jets, outgoing Minister of Defense Dragomir Zakov said during a hearing at the National Assembly Committee on Defense, the BNT reports. In his words, there are two types of compensations. USD 25 million will be allocated to Bulgaria in the form of additional aid for the purchase of weapons. Bulgaria will also receive USD 9.5 million to train Bulgarian pilots.
Bulgaria has to decide by November 1 whether to accept the proposed compensation amounting to a total of USD 34 million and so to confirm the second order of F-16 fighter aircraft, Minister Zakov said further.
“In case we do not accept the conditions reached, we can say that we are cancelling the F-16 project for Bulgaria", Dragomir Zakov said.
The final decisions on Bulgaria's accession to the eurozone on January 1 next year are being voted on today by the European Parliament in Strasbourg and the Council of EU in Brussels after a process that has lasted for decades...
Eurogroup finance ministers confirmed on Monday that the euro- lev exchange rate would remain unchanged after Bulgaria joins the eurozone. This was announced by President of the Eurogroup Paschal Donohoe. Today, the European Parliament in Strasbourg..
During its plenary session in Strasbourg today, the European Parliament is scheduled to vote on Bulgaria’s accession to the eurozone on 1 January 2026. Today, the EU Council in its ECOFIN format (which includes the countries that have adopted..
A new lane for heavy trucks over 12 tons will be opened at the Danube Bridge in Ruse, announced Ruse Regional Governor Dragomir Draganov. The initiative..
On July 7, the Bulgarian National Bank (BNB) puts into circulation a silver commemorative coin titled "175 Years Since the Birth of Ivan Vazov", BNB..
Gorna Oryahovitsa is the largest non-district town in Northern Bulgaria. It is located near Bulgaria’s old capital, Veliko Tarnovo, and is an important..
+359 2 9336 661