Bulgaria Near the Bottom in Per Capita Defense Costs as Europe Boosts Military Budgets
Bulgaria spent around 2 billion euros on defense in 2024
’Even a Complete Greek Capitulation Would be a Dead End,’ Paul Krugman says
- Tweet
Send to Kindle
Photo: huffingtonpost.com
Nobel Prize winner in the field of Economics Paul Krugman has made his opinion regarding the new Greek bailout plan public.
In a piece published in the New York Times, he condemned the additional EUR 50 B loan and the proposed austerity policies.
This goes beyond harsh into pure vindictiveness, complete destruction of national sovereignty, and no hope of relief,’’ Krugman said. ‘’It is, presumably, meant to be an offer Greece can’t accept; but even so, it’s a grotesque betrayal of everything the European project was supposed to stand for.’’
He even questioned if the European project would be able to recover from the heavy blow.
The full article is available here.
Related Articles:
Migrant Entrepreneurs Call for Smarter Policies to Boost Bulgaria’s Economy
On the occasion of International Migrants’ Day on December 18, migrant business owners in Sofia released a Manifesto of Foreign Entrepreneurs in Bulgaria
Business | December 4, 2025, Thursday // 15:10
Bulgaria Faces Growing Pressure Amid Greek Farmers’ Blockade That Paralyzes Kulata
The movement through the Kulata - Promahon crossing remains blocked, as Greek authorities have halted truck traffic at Promahon
Society | December 4, 2025, Thursday // 09:33
Farmers’ Blockade Brings Traffic to a Halt at Bulgaria-Greece Border
Traffic toward Greece was brought to a standstill late this afternoon after Greek farmers pushed their protest convoys to the border approach
Society | December 3, 2025, Wednesday // 15:10
Rubio: Ukraine Could Surpass Russia’s Economy in 10 Years if War Ends
US Secretary of State Marco Rubio has suggested that Ukraine’s economy could overtake Russia’s within the next decade
EU Sets Firm Deadline to End Russian Gas Imports by 2027
The Council of the European Union and the European Parliament have reached a provisional deal on new rules that will set a clear timetable for ending the import of Russian natural gas
Trump Must Not Invade Venezuela
Most reasonable voices advocating against a US invasion of Venezuela don’t think Maduro is great. They are simply against the invasion
Ukraine Wants Tomahawks to Strike Deep Into Russia - But Will It Matter?
The debate over providing Tomahawk cruise missiles to Ukraine has become one of the most contentious issues in the ongoing war with Russia
National Embarrassment: Georg Georgiev’s Hasty Pledge to Putin Backfires as Budapest Summit Plans Collapse
Bulgarian Foreign Minister Georgy Georgiev has found himself at the center of public ridicule and political backlash after prematurely declaring that Bulgaria
Marco Rubio - Not So Great After All
President Donald Trump just called Marco Rubio the greatest Secretary of State in history, on the occasion of the freeing of the Israeli hostages but that label doesn't quite ring true if we take a look at Rubio's record so far
When National Interests Collide with European Unity: The Bulgaria-Ukraine-North Macedonia Nexus
As Europe grapples with the most significant threat to its security architecture since World War II, the question of how quickly the European Union can act has become existential
When Politics Means Violence
In different countries, people meet grim fates: some fall from balconies, others vanish without a trace, some end up in prison - and in the United States, politicians are sometimes shot in public
