The Sofia Municipality, Sofia Tech Park and the Health and Life Sciences Cluster Bulgaria have signed a memorandum of cooperation and the establishment of the country's first Biotechnology Center. There is a rise in the number of startups in the sphere of medicine and biotechnology, as well as R&D centers in Sofia
The Biotechnology Center will be an area where scientists, entrepreneurs and students will find suitable environment to support the start and development of their business. The construction of the center will put Sofia on the international map in the field of biotechnology and life sciences, as a place for science and investment in the development of health technologies, BTA reported.
After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..
Bulgaria's economy will grow by 2.3 per cent this year. This is according to the latest World Economic Outlook prepared by the International Monetary Fund and presented today in Washington. This is down from the Fund's April estimate, which predicted that..
In 2023, the government budget deficit was 2% of GDP or €1.9 billion. This is indicated by the final data of the National Statistical Institute. This is a significant narrowing of the budget deficit compared to the previous 3 years...
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