Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Social economy in Bulgaria is in embryonic stage of development

Photo: BGNES

There is a lot of space for development of social economy in the spheres of services and production, Bulgarian Deputy Prime Minister and Minister of Labour and Social Affairs Ivaylo Kalfin said at the opening of the Fifth European Forum on Social Entrepreneurship. According to the minister, social economy was of high importance, but in Bulgaria it formed less than 1% of GDP, while there were countries where it reached 7-8 percent of GDP. Kalfin also explained that this type of economic activity allowed people with disabilities to work and to feel useful. There are a number of such companies and cooperatives in this country that have been working for decades and have plenty of experience, but need support because they have problems with marketing of their high-quality products. That is why the state has allocated some 28 million euros to create a fund that would buy these products and this would lead to investments in social economy, the minister added.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Kiril Petkov

PP/DB will not take part in today’s vote of no confidence, Kiril Petkov says

“We Continue the Change/Democratic Bulgaria (PP/DB) will not take part in today’s vote of no confidence in the government of Rosen Zhelyazkov,” said PP co-chair Kiril Petkov. “The motion of no confidence we shall submit after the accession date for..

published on 4/3/25 11:13 AM
Sofia Mayor Vassil Terziev

Sofia municipality plan envisages modern tourism conditions and year-round access to Mount Vitosha

A Sofia municipality plan for the development of Mount Vitosha envisages improving transport connectivity and year-round access to the mountain. The most important thing is for Vitosha to be integrated into the city, Sofia mayor Vassil Terziev..

published on 4/3/25 10:46 AM
The oil slick before it was cleaned up

Oil slick on Varna beach cleaned up

The oil slick between waterbreakers 2 and 2 on the beach in Varna has been cleaned up, there is no oil in the sea water either, indicate the results of an inspection by the commission appointed by order of the regional governor. However, small oil..

published on 4/3/25 9:44 AM