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Bulgaria opts for Swedish Gripen combat jets

Reuters - UK Focus

SOFIA, April 26 (Reuters) - Bulgaria has decided to start talks with Sweden to acquire eight new Gripen combat jets made by SAAB (LSE: 0GWL.L - news) , interim deputy prime minister Stefan Yanev said on Wednesday.

The Balkan country has picked the Swedish offer ahead of offers to buy secondhand U.S. F-16s from Portugal, equipped with U.S. weaponry, and secondhand Eurofighter Typhoon fighters from Italy.

A deal is estimated to be worth about 1.5 billion levs ($836 million).

A special commission for the negotiations is expected to be set up within a week, Yanev said. The talks with Sweden will be held by Bulgaria's next government, which is expected to take office next week. (Reporting by Tsvetelia Tsolova and Angel Krasimirov; Editing by Greg Mahlich)