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.
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister Grozdan Karadzhov said during the national discussion “Tourism and Air Connectivity: Traditional..
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
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..
+359 2 9336 661