During discussions at the presentation of the second pillar of the Recovery and Sustainability Plan – Green Bulgaria – Deputy Prime Minister Tomislav Donchev stated that Bulgaria must set itself the aim of increasing its Gross Domestic Product by around 20%, the Bulgarian news agency BTA reports.
Tomislav Dopnchev emphasized that Bulgaria entered the EU with a GDP close to 31% of the European average, but that now its GDP has reached 51%. The aim is for the country to reach the 70% mark within 10 years. Donchev indicated that the Recovery and Sustainability Plan will be instrumental to this.
Bulgaria remains a net exporter of electricity and one of the pillars of the energy system in Southeast Europe. Electricity exports exceed imports by 3.1% in 2024. According to this indicator, the country ranks 11th in Europe. Among the..
At a ceremony at the Vytautas Magnus University in the Lithuanian city of Kaunas , the rector of Sofia University “St. Kliment Ohridski”, Prof. Georgi Valchev, accepted the rotating presidency of the international university alliance..
For the third consecutive year, Karin Dom – Varna is organizing the charitable initiative “Ivan Stanchov Awards” in memory of the Bulgarian diplomat and founder of the organization, Ambassador Ivan Stanchov. On October 23, awards will be presented..
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..
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