BULGARIA SETTLES DECADE-OLD OFFSET DISPUTE WITH AIRBUS

The Bulgarian Ministry of Defence and Airbus Helicopters have settled an offset dispute dating back to 2005. The dispute related to the sale of eighteen “Cougar” and “Panther” helicopters for about €350m. Attempts to discharge the 100 percent obligation foundered. By 2007, Eurocopter, as the company was then known, was in...

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