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Rosen Plevneliev tells CNN: Governments ought to spend according to what they have, not according to what they want

27 May 2012 | 20:08
Governments should spend according to what they have, but not as much as they want. This is the way to achieve a better balance between measures to curb spending and to promote economic growth, President Rosen Plevneliev said in an interview with CNN World Report, broadcast on May 26. To make progress, first you must have stability, the President said. In his words, Bulgaria's macro-economic stability achieved in recent years is the basis for sustainable growth. However, it is the result of much effort and structural reforms.

President Plevneliev: For economic growth in Europe, pragmatism and reform are needed, not new debt

25 May 2012 | 16:04
During his visit to Italy, President Rosen Plevneliev spoke for more than an hour with Italian Prime Minister Mario Monti. Bulgaria and Italy have very similar long-term priorities and share the necessary measures to overcome the crisis in Europe. These include carrying out the necessary structural reforms, implementing programmes to reduce youth unemployment in Europe, to support innovation and small and medium enterprises.

Young people should participate in the talks to end the crisis, President Plevneliev said at the Vatican

24 May 2012 | 16:04
As is traditional, on May 24 Pope Benedict XVI received in audience a Bulgarian government delegation led by President Rosen Plevneliev. Pope Benedict XVI delivered an address to the Bulgarian people, who have managed to preserve the virtues and deeds of Saints Cyril and Methodius.

We went into Afghanistan together and we will leave together, President Plevneliev said in Chicago

22 May 2012 | 00:12
Official visit by the Head of State to the US concludes with attendance of the NATO Summit Bulgaria’s contribution to support Afghan security forces after 2014 will amount to $500 000 a year. On the second day of the NATO Summit in Chicago, each of the member states of the Alliance announced its financial commitments under the plan for NATO security assistance to Afghanistan beyond 2014. The total volume of resources that NATO will provide to the country from 2015 will total $ 4.1 billion annually, as it is envisaged that Afghanistan will participate with its own contribution to the fund. This was announced by President Rosen Plevneliev after a summit meeting on Afghanistan.

Rosen Plevneliev: NATO will be strong in spite of the financial constraints

20 May 2012 | 19:07
President Rosen Plevneliev took part in the NATO heads of state and government session in Chicago. The leaders adopted a declaration on the capabilities and highlights of the NATO strategy to 2020. A very strong political signal was sent that the union will be strong, despite the risks arising from financial constraints, President Plevneliev told Bulgarian media covering the forum in Chicago. The concept of smart defence is one of the mechanisms to overcome the risks to the abilities of NATO countries resulting from the reduction of public spending on defence.

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