By a government decision, connected with the contract for the first F-16 Block 70 fighter aircraft, an account has been opened at the US Federal Reserve in New York. Two similar decisions were made by previous governments in 2021 and 2022, but due to the fact that the previous parliaments have been so short-lived they have not been ratified and the country’s budget has lost USD 10 million.
Commenting on the matter, caretaker Minister of Defence Dimitar Stoyanov urged the current National Assembly to ratify the agreement between the Bulgarian Ministry of Defence and the Federal Reserve Bank of New York. In Minister Stoyanov’s words, this will ensure returns from the money paid in advance under the 2019 F-16 agreement, amounting to USD 1.2 billion. Talking to the members of parliament, Dimitar Stoyanov stated that fighters from Spain would be joining the air policing mission in Bulgaria as of 1 November.
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
The Festival of Elena Dry-Cured Ham which will take place from October 24 to 26 in the town of Elena, offers a rich folklore program, competitions, demonstrations and tastings, the organizers from the Municipality of Elena and the Local Tourism Council..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
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