Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Social economy in Bulgaria is in embryonic stage of development

Photo: BGNES

There is a lot of space for development of social economy in the spheres of services and production, Bulgarian Deputy Prime Minister and Minister of Labour and Social Affairs Ivaylo Kalfin said at the opening of the Fifth European Forum on Social Entrepreneurship. According to the minister, social economy was of high importance, but in Bulgaria it formed less than 1% of GDP, while there were countries where it reached 7-8 percent of GDP. Kalfin also explained that this type of economic activity allowed people with disabilities to work and to feel useful. There are a number of such companies and cooperatives in this country that have been working for decades and have plenty of experience, but need support because they have problems with marketing of their high-quality products. That is why the state has allocated some 28 million euros to create a fund that would buy these products and this would lead to investments in social economy, the minister added.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

BNR, BNT and BTA awarded for best media partnership in support of tourism in Bulgaria

The Bulgarian Hotel and Restaurant Association (BHRA) presented its annual awards for professional achievements in the field of tourism. The Bulgarian National Television (BNT), the Bulgarian National Radio (BNR) and the Bulgarian Telegraph Agency (BTA)..

updated on 11/27/24 10:02 AM
Agriculture Minister Georgi Tahov met with livestock breeders from the region and representatives of the affected farms

Tension in Velingrad due to a suspected outbreak of sheep and goat plague

Due to the outbreak of Peste des Petits Ruminants (sheep and goat plague) in Velingrad and the subsequent protests by farmers, 300 new samples will be taken today. Currently, 1,700 sheep are at risk of being forcibly euthanized. The decision for a..

published on 11/27/24 9:52 AM

MPs gather for sixth attempt to elect speaker of parliament

Exactly a month after the parliamentary elections on October 27, the first session of the 51st National Assembly, which started on November 11, continues today. MPs will make a sixth attempt to elect a speaker. During the fifth..

published on 11/27/24 8:15 AM