At the annual Innovations BG forum, President Rumen Radev called for a new model of financing of innovations, especially at SMEs.
“Bulgaria is in 37th position in the Global Innovation Index 2020. This is a marked improvement on 2012, whereas in development of the digital infrastructure the country is among the fastest developing business hubs in Europe,” President Radev said.
“But the country is still being placed among the “timid innovators” of Europe. Even though the planned national expenditure for research and development is 1.5% of the GDP, in 2019 it amounted to only 0.84%, whereas inthe EU countries it is over 3% of the GDP,”President Radev said.
The expected adoption of the single European currency from January 1, 2026 is one of the many topics dividing society. In addition to being a cause for political quarrels, the euro is also a cause for concern among some Bulgarian..
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Bulgarian President Rumen Radev extended an invitation to Japanese business to invest in Bulgaria . This happened during an economic forum in Tokyo organized by the Japan External Trade Organization JETRO . At the forum, Radev who is on..
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