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.
We are moving towards the option of not having a quickly adopted budget for 2025, Lachezar Bogdanov, chief economist from the Institute for Market Economics, told BNR. In presenting the institute's alternative state budget, the..
Bulgaria and India will intensify their cooperation in various sectors of mutual interest. This was discussed at a meeting of the Bulgarian Minister of Economy Petko Nikolov with Ambassador of India to Bulgaria H.E. Sanjay Rana. The two focused..
On October 31, 2024, 10 business leaders in Bulgaria founded the first Bulgarian-Czech Chamber of Commerce in the country. At the Embassy of the Czech Republic in Sofia, in the presence of Martin Dvořák, Minister of European Affairs of the Czech..
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