Bulgaria Cuts Drastically R & D Spending

Business | June 30, 2011, Thursday // 16:17| Views: | Comments: 2
Bulgaria: Bulgaria Cuts Drastically R & D Spending File photo of the Bulgarian Academy of Sciences

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.

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Tags: research and development, Bulgaria, Bulgarian Academy of Sciences
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» To the forumComments (2)
#2
Dirk - 1 Jul 2011 // 06:09:20

I had no idea there even was R&D in this country. From experience I can say people doesn't even understand the words.

#1
sarkan - 30 Jun 2011 // 16:56:54

Small countries like Bulgaria have no choice but to invest in high technology. Without R&D, Bulgaria will remain nothing but a tobacco producer.

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