“Sofia Tech Park is working with a leading European quantum computer and programming research and development centre. We are hoping that by June it will be among the world’s 500 top high-performance computers,” Petar Statev, chairman of the Sofia Tech Park supervisory board and of Cluster Information and Communication Technologies said for Bloomberg TV Bulgaria.
By building the first 5G base testing station Sofia Tech Park is helping young entrepreneurs develop smart networks. Petar Statev explained that whereas the basic 5G technologies are developed by three major companies, with smart networks there is no dominance and innovative companies can make their mark in this sphere.
In its "Economic Freedom of the World, 2025" ranking , the Canadian Fraser Institute gives Bulgaria a score of 7.13 out of a maximum of 10 points. This places the country 56th out of 165. It ranks between Greece and Thailand. In 2024, Bulgaria was 52nd..
As of October 1, the base interest rate in Bulgaria is 1.81%. The rate has been declining for the 12th consecutive month, this time by 0.01% compared to September 2025. The base interest rate in Bulgaria, which is used to calculate the annual..
Bulgaria’s accession to the eurozone will reduce transaction costs with key trade and investment partners, according to the annual U.S. State Department report on the investment climate in the country, reported BGNES. The report emphasizes that..
Bulgaria’s accession to the eurozone will reduce transaction costs with key trade and investment partners, according to the annual U.S. State Department..
As of October 1, the base interest rate in Bulgaria is 1.81%. The rate has been declining for the 12th consecutive month, this time by 0.01% compared..
In its "Economic Freedom of the World, 2025" ranking , the Canadian Fraser Institute gives Bulgaria a score of 7.13 out of a maximum of 10 points. This..
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