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

Innovation Minister Lorer: The cabinet will aim to provide businesses with staff and innovation capital

Photo: BGNES

A 5% annual growth is an absolutely achievable goal for the Bulgarian economy. Our neighbour Romania, the Czech Republic and Hungary have achieved more serious figures, Bulgaria's Minister of Innovation and Growth Daniel Lorer told BNR on the occasion of the first speech of Prime Minister Kiril Petkov in parliament, in which he promised a growth of over 5%.

To speed up economic growth, the minister said the new government would provide companies with access to EU innovation funds. Bulgarian entrepreneurs expect measures for solving the human resources shortage. Therefore, investments will be made in vocational education and work will be done to encourage qualified Bulgarians living abroad to return home and to attract foreign specialists to the Bulgarian economy, Lorer explained.



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

Weather forecast: Temperatures start to creep up over the weekend

On Saturday minimum temperatures will range between 10° C.  and 19° C., for Sofia 10° C.  During the day there will be sun with cumulus clouds after midday, and rain and thunder in some parts of the mountain regions of Southern Bulgaria. There will..

published on 7/18/25 6:35 PM
Minister of Energy Zhecho Stankov and Assistant Secretary for International Affairs at the U.S. Department of Energy Tommy Joyce (left to right).

The Energy Minister: The USA is a powerful ally on key regional projects.

A Bulgarian delegation led by Energy Minister Zhecho Stankov held a series of meetings with representatives of the US State Department and the Department of Energy in Washington . The discussions centred on strengthening the strategic partnership..

published on 7/18/25 6:16 PM

Bulgaria and North Macedonia confirm commitment to finalize Corridor 8

At a meeting in Brussels between officials from the transport ministries of Bulgaria and North Macedonia, the two countries confirmed their commitment to finalizing the missing railway sections of Corridor 8, the Ministry of Transport has announced...

published on 7/18/25 4:54 PM