Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria has lost USD 10 million over unratified government decisions, caretaker defence minister says

Caretaker Minister of Defence Dimitar Stoyanov
Photo: BGNES

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.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

The Commission on Protection of Competition conducts major survey in the food sector

The Commission on Protection of Competition has requested information from producers and retailers of fast-moving consumer goods to determine the pricing methods, delivery conditions and factors influencing price changes . The focus of the study is on..

published on 2/14/25 5:52 PM

Rumen Radev: Realism replaces naivety regarding the situation in Ukraine

There is finally political will at the highest level to resolve the conflict between Ukraine and Russia through diplomacy, and this process must be supported, President Rumen Radev told journalists before the opening of the Munich Security Conference...

published on 2/14/25 5:28 PM

Bulgaria included in European familiarisation tour of senior US officers

Deputy Minister of Defence Radostin Iliev and Deputy Chief of Defence Lt. Gen. Krassimir Kanev hosted senior U.S. officers from the National Defense University on February 14. The officers, who have completed the CAPSTONE Senior Military Leadership..

published on 2/14/25 3:00 PM