After 5 hours of tense debates the Bulgarian National Assembly approved the contract for the purchase of 8 F-16 fighter jets for USD 1.235 billion. 124 Bulgarian MPs voted in favor, 83 MPs voted against and 3 MPs abstained. The Bulgarian MPs rejected the proposal of the oppositional Bulgarian Socialist Party to delay the voting with 6 months. The socialists and the National Front for Salvation of Bulgaria were against the price of the fighter aircraft negotiated with the USA. Bulgaria’s Minister of Defense Krasimir Karakachanov reminded that no delay of voting would reduce the cost of the fighter aircraft.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
Mostly Cloudy
Partly Cloudy
Cloudy