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.
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 announced on its website. The coin is part of the "Bulgarian National Revival" series. The silver..
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 comes from the National Customs Agency, which collects the toll for crossing the facility,..
''The negative impact on Bulgaria from a possible introduction by the U.S. of a 25% tariff on EU goods would amount to USD 678 million . This would mean a 0.49% annual decrease in the country’s total exports compared to the levels without..
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..
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