67% of the money the state has paid out to employers has been to preserve jobs during the state of emergency declared on 13 March, 2020, and was targeted at the economic sectors hit hardest by the pandemic. These are the processing industry, the hotel and restaurant business and trade, indicates an analysis by the National Social Security Institute of the compensations paid out to businesses for overcoming the consequences of the coronacrisis. Almost 50% of all companies which received assistance are concentrated in Sofia, Plovdiv and Varna.
Bulgaria remains a net exporter of electricity and one of the pillars of the energy system in Southeast Europe. Electricity exports exceed imports by 3.1% in 2024. According to this indicator, the country ranks 11th in Europe. Among the..
At a ceremony at the Vytautas Magnus University in the Lithuanian city of Kaunas , the rector of Sofia University “St. Kliment Ohridski”, Prof. Georgi Valchev, accepted the rotating presidency of the international university alliance..
For the third consecutive year, Karin Dom – Varna is organizing the charitable initiative “Ivan Stanchov Awards” in memory of the Bulgarian diplomat and founder of the organization, Ambassador Ivan Stanchov. On October 23, awards will be presented..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister..
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