Bulgarian Central Bank Governor Seen as One of the ECB’s Stronger Inflation 'Hawks'
Dimitar Radev, Governor of the Bulgarian National Bank, is expected to take a firmly conservative stance within the European Central Bank’s Governing Council
@SiteMedia
At the first International Olympiad in Artificial Intelligence (IOAI), held in Burgas from August 9 to 15, Bulgarian students achieved notable success. The competition saw participation from about 200 students across nearly 40 countries, each working on innovative AI projects for six days.
Supported primarily by Vivacom, which ensured high-speed internet connectivity and provided financial backing of 10,000 leva, the event benefited from the largest 5G network in Bulgaria. Vivacom also awarded special prizes, including the latest Nothing Ear 1 wireless headphones, to top performers.
Bulgarian teams earned two bronze medals in the team category and a gold medal in the practical segment of the competition. The Olympiad’s initial phase focused on machine learning, natural language processing, and computer vision, with teams developing new AI models and solving complex problems. Teams from Singapore, Poland, and Letovo won gold medals in this segment.
In the practical round, participants used AI tools to create visuals and a video remix of Maria Ilieva’s hit single "Love". The gold medals in this phase went to teams from Bulgaria, Poland, Australia, and the USA.
The LERAI Foundation, founded by five Bulgarians—Lora Dineva, Elena Marinova, Rositsa Dekova, Alexander Velinov, and Iva Gumnishka—will host the next International Olympiad in Artificial Intelligence in Beijing, China. This continues Bulgaria’s tradition of hosting international scientific competitions, which began with the International Olympiad in Informatics in 1989, followed by the International Olympiad in Linguistics in 2003, and the European Youth Informatics Olympiad in 2017.

The Administrative Court has annulled the municipal rules that prohibited the consumption of alcohol in public outdoor spaces in Ruse, following an appeal filed by Regional Governor Dragomir Draganov.
Metro services between the Slivnitsa and Obelya stations will be halted for six months, Sofia Municipality has announced, due to construction works linked to the expansion of the metro network in the Obelya district.
Bulgaria has registered its lowest refusal rate for U.S. tourist and business visas in almost 20 years, with rejections standing at 5.11%, according to official figures released by the U.S. Department of State for the 2025 U.S. fiscal year
A sharp cold spell will grip Bulgaria through the end of the current week and into the first days of the next one, with low temperatures and persistent northeasterly winds, according to the medium-range forecast issued by the National Institute of Meteoro
A flu epidemic has also been declared in Bulgaria’s Dobrich region, following similar measures introduced earlier in Varna. As a result, students in the district will switch to online learning, while kindergartens and nurseries will remain open but will o
Public sector employees in Bulgaria are set to receive a 5% salary increase starting in January, announced outgoing Finance Minister Temenuzhka Petkova
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence