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

Education ministry discusses introduction of virtue and religion classes

Education must make children not only knowledgeable but also good people, said Minister of Education and Science Krasimir Valchev at a meeting with His Holiness Daniil, Patriarch of Bulgaria and Metropolitan of Sofia. "We are discussing the..

published on 2/20/25 9:02 AM

President Radev: Only united will we preserve Bulgaria in the global turmoil

"Only united will we preserve Bulgaria in the global turmoil. That bright Bulgaria of Levski, which relies on its own strength. The ancient Bulgaria that feels equal to the European nations. That fraternal Bulgaria of free people, which has defended..

published on 2/20/25 8:49 AM

Premier Zhelyazkov: EU should remain united and predictable in its overall support for Ukraine

The European Union must remain united and predictable in its overall support for Ukraine, Bulgaria’s Prime Minister Rosen Zhelyazkov said in his speech at the second emergency meeting on Ukraine, hosted by French President Emmanuel Macron, announced..

published on 2/20/25 8:32 AM