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.
Unemployment benefits in Sofia continue to be above the minimum wage, according to the latest data from the National Social Security Institute. It is the highest in the country and is on average 1,145 leva (585.43 EUR). The lowest unemployment..
"Yes, Bulgaria" party (part of "Democratic Bulgaria") have defined the budget for next year as an "economic tsunami". MP Ivaylo Mirchev was firm that the pary will oppose it when the project comes up for discussion in parliament. "Yesterday we were..
Bulgarian President Rumen Radev has presented the national flag to the participants in the 34th Bulgarian Antarctic Expedition. At a ceremony in the Hall of Arms, the flag was accepted by the head and doyen of Bulgarian research in the White Continent,..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
Birth rate in Bulgaria has decreased by 33% over the past three decades. In 1994, 79,442 live births were registered in the country, while in 2024 the..
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the..
+359 2 9336 661