Yup.
Yesterday afternoon F16's were scrambled from airbase Keflavik to say hello to a Russian bomber, - the bear.
This is frequent, and some European airforces do this all the time.
This time there is a video:http://forsvaret.dk/FKO/Nyt%20og%20Presse/INT%20OPS/Pages/PressemeddelelseIsland.aspx
click on the "se viedeoclip". The text is in Danich, those were F-16's from the Danish airforce.