Bulgaria's Eurozone Aspirations: Fitch Ratings Affirms Positive Outlook
Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook
Bulgaria will conduct policing of its airspace jointly with the United States for a week next month, Defense Minister Nikolay Nenchev has announced.
"The government has adopted a decision today on joint air policing, joint protection of our airspace with the U.S. The mission will start on September 9 and will complete on September 16,” Nenchev told reporters after a cabinet meeting on Wednesday.
The joint air policing will involve two U.S. aircraft, Nenchev said.
Bulgaria wouldn’t have to pay for the U.S. participation in the mission, Nenchev added.
Former Air Force Commander Maj Gen Rumen Radev, who resigned earlier this month, has firmly opposed the idea that Bulgaria must pay for the costs incurred by a NATO partner country in a joint air policing mission in Bulgaria.
The option of signing a deal with Poland for joint policing of Bulgaria’s air space remains and further talks will be held in this direction, Nenchev said.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Bulgaria's Parliament has taken a significant step towards acquiring eight multi-role F-16 Block 70 aircraft and associated support by ratifying Amendment No. 2 to the Letter of Agreement (LOA) BU-D-SAB.
In an announcement made on Friday, Flotilla Admiral Georgi Penev, Deputy Commander of the Bulgarian Navy, revealed plans for significant upgrades and modernization within the naval forces
Specialists from the United States have conducted an inspection of the repair work at Bulgaria's air base near Graf Ignatievo
Vazovsky Machine Building Plants (VMZ) in Sopot have achieved a remarkable milestone, recording a staggering BGN 828 million in net sales revenue for the year 2023, doubling compared to the previous year
The Bulgarian National Assembly has unanimously voted in favor of a 30% salary increase for military personnel
Tensions in the Black Sea region have escalated, following Russia's invasion of Ukraine, as NATO announces plans to bolster its military presence, with a new base set to be established in Bulgaria
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022