The Sofia Municipality, Sofia Tech Park and the Health and Life Sciences Cluster Bulgaria have signed a memorandum of cooperation and the establishment of the country's first Biotechnology Center. There is a rise in the number of startups in the sphere of medicine and biotechnology, as well as R&D centers in Sofia
The Biotechnology Center will be an area where scientists, entrepreneurs and students will find suitable environment to support the start and development of their business. The construction of the center will put Sofia on the international map in the field of biotechnology and life sciences, as a place for science and investment in the development of health technologies, BTA reported.
Sofia is the best city in Europe to retire to, according to a survey by the business solutions company Moneypenny, Forbes writes. The survey takes into account factors such as average cost of living, retirement savings needed, and a variety of..
The Bulgarian National Bank has lowered the base interest rate for the second consecutive month. As of August 1, it stands at 3.53%, down from 3.63% in July. Since the end of 2023, the base interest rate has been gradually falling. From February..
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in 2024 will be 2.9%. The ongoing domestic political crisis and the likelihood of new early elections..
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