NEWS

 

President Rumen Radev discussed the current challenges facing the global economy and their regional and national impact at a meeting with the Managing Director of the International Monetary Fund, Kristalina Georgieva. The meeting was held at the initiative of the IMF Managing Director and among the highlights of the talks were the need to increase economic growth after the COVID-19 pandemic and to overcome the negative effects on the economy stemming from military conflicts in adjacent regions, as well as the challenges arising from the increasing application of artificial intelligence. 

 

Investing in education and promoting competitiveness as a factor for economic growth were highlighted as key for Bulgaria and Europe. The need for clear and targeted measures to bridle inflation in this country, which is still above the average for the European Union and has a negative impact on economic stability and this country's long-term strategic goals, was also highlighted.

 

Against the backdrop of the dynamic security environment, addressing the deficit of critical capabilities requires overcoming the deep fragmentation in European defence science and defence and broad cooperation between European countries. This was stated by President Rumen Radev today at a forum where modern technologies in the field of defence and security were presented.

Bulgaria is increasingly visible on the German investment map and ever more attractive to German companies, many of which reinvest their profits and export research and development centres to our country. This was stated by President Rumen Radev during a meeting in Sofia with the leadership of the Federal Association for Economic Development and Foreign Trade (BWA).

The Bulgarian head of state emphasised the importance of global efforts to counter terrorism, while expressing concern about the escalation of tension in the Middle East following the Israeli air strike on the Qatari capital, Doha. Hundreds of our compatriots live and work in the Qatari capital.

Connectivity between the countries in Southeast Europe is important not only for their economic development, but is also a factor in NATO's collective security in the region, the president emphasises during a meeting with NATO's Deputy Secretary General