Foreign Investment in Bulgaria Plunges by 65% Amid Political and Economic Uncertainty
Foreign investment in Bulgaria has drastically fallen by 65% in 2024
Bulgaria is to gradually eliminate officials recognition of diplomas issued by foreign colleges and universities, Education Minister, Sergey Ignatov, told representatives of Bulgarian media in Brussels.
The verification of diplomas of students who wish to continue their studies in Bulgarian universities and colleges will become the respective school's responsibility.
The Minister further informed the Bulgarian Economy and Energy Ministry has provided assistance in the use of part of the EU funds to establish a national research and science center with five technology parks, aligned with European standards. The goal is to have a facility providing such contemporary work conditions that will make young Bulgarians remain in their homeland.
The center will focus on research for the food industry, pharmaceuticals, IT and electronics. The initial investment, secured by the Economy Ministry, is EUR 100 M.
Ignatov said that during his meetings in Brussels he will support the request of the countries, which recently joined the EU for better access to education and science funds after 2013, saying the 12 "new" EU countries will ask for the establishment of more scientific complexes in Eastern Europe.
"If Europe does not develop science, it is threatened to become a countryside on the backdrop of the processes in the US and the Far East," the Minister pointed out.
Ignatov is in Brussels to take part in the regularly scheduled session of the EU Counsel on Competitiveness. His agenda further includes a meeting with the EU Commissioner Education, Culture, Multilingualism and Youth, Androulla Vassiliou.
The mayors of the Karnobat and Ruen municipalities in the Burgas region have declared January 13 a non-school day due to severe weather conditions
December 8 is celebrated as the holiday of Bulgarian students
By order of the Minister of Education and Science, Prof. Galin Tsokov, January 3, 2025, will be a non-school day for all schools across Bulgaria
The Varna Regional Library “Pencho Slaveykov” has introduced a humanoid robot named Emma, marking a significant step in incorporating technology into education
On January 3, 2025, students in various Bulgarian cities will enjoy an extended holiday break as the day has been declared a non-school day by several mayors
Bulgaria has become the first country in Europe to launch its own artificial intelligence (AI) language model
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