Bulgarian Economist Warns: Raising Taxes Won’t Solve Deficit, Efficiency Is Key
Economist Dimitar Chobanov has stressed that Bulgaria should focus on adjusting public spending rather than raising taxes
"It is necessary to assess the status of regulations. There are enough resources and that was our advice to the Minister of Defense," Parvanov stated. Photo by Sofia Photo Agency
Bulgaria President Georgi Parvanov has called for tighter controls on Bulgarian army spending “that have probably not been in place during the transition years.”
Parvanov , speaking late Monday in Varna, said that the new center-right GERB government’s program for modernization of the army needs optimization and that GERB should reduce the number of redundancies in the army to a minimum. "It is obvious that at this stage we can not fulfill all those ambitious goals we have set for ourselves," he added.
"It is necessary to assess the status of regulations. There are enough resources and that was our advice to the Minister of Defense," Parvanov continued.
In connection with the incident when 3 children died in an improvised bomb blast at a Krumovgrad orphanage on Saturday, Parvanov said that control over the ammunition must involve not only military but also in social institutions themselves.
Parvanov concluded "I obviously would like the country’s recovery from the financial crisis to be shorter. But my feeling is that 2010 will pass under the shadow of the crisis.”
The U.S. Department of Homeland Security (DHS) today concluded a five-day Cyber Incident Investigations and Response Training (CIIRT) workshop for Bulgaria’s law enforcement and judicial officials in Sofia
The European Commission has given the green light to the national defense plans of eight EU member states, including Bulgaria, marking a key step in Europe’s ongoing effort to boost collective security
The Bulgarian Air Force has kicked off the year with an impressive display of aerial activity, taking to the skies for the first flights of 2026. For the first time, newly acquired F-16 Block 70 fighters from the United States flew alongside Bulgaria’s Mi
Bulgaria has finalized a contract to acquire seven minehunter ships, marking a significant step in modernizing the country’s naval capabilities. The announcement came after a government meeting, with outgoing Defense Minister Atanas Zapryanov confirming t
The initial batch of Stryker armored vehicles is scheduled to be shipped from the United States to Bulgaria in February, with delivery directed to the Terem-Ivaylo military plant in Veliko Tarnovo
Bulgaria has never established an official national strategy or doctrine, and the state appears reluctant to define long-term objectives
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence