Bulgaria’s caretaker cabinet has approved a draft investment expenditure for the acquisition of a second batch of fighter aircraft to the tune of more than USD 1.29 billion. The draft will be submitted to the new Bulgarian Assembly. The money will be used for the acquisition of 8 more F-16 Block 70 fighter jets, aircraft armament, ground equipment and pilot training. VAT, customs duties and transport will be paid separately. The money will be paid in instalments over a period of 10 years.
By acquiring 8 more F-16 aircraft similar to the first 8 F-16s, Bulgaria will be able to build new capabilities. The new fighter aircraft will enable the execution of a wide range of tasks in national and collective formats.
The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone. Earlier, MEPs in Strasbourg had adopted the report supporting Bulgaria’s admission to the euro area...
A second ship carrying pipes for the Vertical Gas Corridor project, which will connect Greece and Romania, has arrived at the Port of Burgas. Energy Minister Zhecho Stankov oversaw the delivery. "These 2,526 pipes from India..
Before approving Bulgaria's accession to the eurozone by an absolute majority, the European Parliament in Strasbourg rejected a request by a Vazrazhdane MEP for the vote to be postponed. The request was tabled by Rada Laykova, a member of the Europe..
With 531 votes in favour, 69 against and 79 abstentions, the European Parliament approved Bulgaria's accession to the eurozone on 1 January 2026...
The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone...
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost..
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