Lockheed Martin informed the Bulgarian authorities that it is ready to establish maintenance, repair and overhaul (MRO) facility in Bulgaria, if a deal for the acquisition of F-16 Bloc 70 fighter aircraft is completed. “This means that for each aircraft’s 12,000 hours operational life, Bulgarian F-16s can be maintained in Bulgaria, by Bulgarian engineers and technicians”, says Jim Robinson, F-16 campaign lead in Bulgaria. “Lockheed Martin is also discussing a range of other partnership opportunities with Bulgarian industry and the potential involvement of Bulgarian academician institutions in research and development programmes that will develop the talent in science and engineering that is needed to meet the challenges of the 21st century”. The Bulgarian authorities have the ambition to complete the negotiations by the end of July this year. Some open issues such as the price of the fighter aircraft and the delivery time still remain.
Full EU membership is neither the end of the story nor a solution to all problems. Realism and accurate self-assessment must guide important decisions, said MP Toma Bikov on behalf of the GERB-SDS parliamentary group after Bulgaria's accession to the..
An online currency converter is now available on the official website for the introduction of the euro in Bulgaria: evroto.bg. Following the official announcement of the exchange rate of 1.95583 leva to one euro, the calculator has been made easily..
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost defence spending . This will enable the countries to take on additional debt for defence purposes...
On Saturday, minimum temperatures will range from 13 to 19 °C . In Sofia, it will be 15 °C. Sunny weather will prevail with temporary cloud cover..
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