In 2025, Bulgaria continues to walk a fine line—between the opportunity to establish itself as a regional innovation hub and the risk of economic and technological marginalisation in an era of growing geopolitical fragmentation. This is one of the key conclusions of the traditional annual report “Innovation.bg 2025” by the Applied Research and Communications Fund, which provides a yearly assessment of the state and potential for innovation in the Bulgarian economy. Still among the “Emerging Innovators” Bulgaria once again falls into the group of “Emerging Innovators”, ranking 26th in the EU...
With Euro in the back pocket: how can Bulgaria shift into a higher economic gear?
Despite the favorable macroeconomic picture, Bulgaria is among the fastest-aging and most rapidly depopulating countries in the EU. As Bulgaria received the green light to adopt the euro in January 2026, the country...












