Bulgaria Expects Boost in Winter Tourism with Increased Foreign Visitors
Bulgaria is expecting a boost in winter tourism this year, with about 3.1 million foreign visitors projected between December and March
Bulgaria cut its spending on research and development by more than BGN 35 M in 2010, new data from the country's National Statistical Institute shows.
A total of BGN 195 M was spent on scientific research and development in 2010, a mere 0.28% of the country's GDP. In 2009, the percentage was 0.35 – and even back then it was half of the EU average, the Dnevnik daily points out.
The struggling Bulgarian Academy of Sciences and the Bulgarian state universities received BGN 90 M in 2010, a BGN 50 M in comparison to the previous year. A total of BGN 27 M was spent on research and development in the sphere of agriculture, a BGN 18 M decrease year on year.
During the second half of 2010, the average salary in the academy was a mere BGN 476 (approximately EUR 244). Furthermore, the new budget will secure just 70% of the money necessary for salaries in the institutions, with nothing left for research or anything else.
On Thursday, Bulgarian Education Minister Sergey Ignatov said that 15% of all state budget money for science should go for research and development.
Bulgaria could exceed quickly in the spheres of energy, nano- and biotechnologies, cultural heritage, archeology and medicine.
The Bulgarian National Bank (BNB) has voiced strong opposition to a proposed 10% tax on banks' excess profits, citing concerns that it would destabilize the financial sector
Tourist interest in Christmas and New Year holiday packages is exceptionally high this year
Economist Rumen Galabinov has stated that Bulgaria's potential future membership in the Eurozone could significantly benefit the country's economy
The Gross Domestic Product (GDP) for Bulgaria in the third quarter of 2024 grew by 2.4% compared to the same period in 2023
Remote work has become one of the most important trends in recent years.
In Bulgaria, the current labor market is facing a situation where job supply exceeds demand, creating challenges for employers
Bulgaria Ranks Second in the Balkans at Paris 2024 Olympics, 26th Overall
Bulgaria Leads Europe in Heat-Related Deaths in Record-Breaking 2023