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.
The Bulgaria army will make up for the lack of personnel but not immediately. For 2025, we have money to hire only 1,000 new soldiers, said Defense Minister Atanas Zapryanov before the relevant parliamentary committee. The committee supported the..
Bulgaria remains a net exporter of electricity and one of the pillars of the energy system in Southeast Europe. Electricity exports exceed imports by 3.1% in 2024. According to this indicator, the country ranks 11th in Europe. Among the..
At a ceremony at the Vytautas Magnus University in the Lithuanian city of Kaunas , the rector of Sofia University “St. Kliment Ohridski”, Prof. Georgi Valchev, accepted the rotating presidency of the international university alliance..
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..
On Thursday, minimum temperatures will range between 6 and 11°C across the country. Along the Black Sea coast, they will reach 13 to 16°C , while in Sofia..
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