MIR

Deputy Minister of Innovation and Growth Martin Danovsky took part in a forum as part of the 89th Thessaloniki International Fair

The goal is not only to adopt the single currency, the euro, but also to transform the country’s economic model. We are focused on shifting toward growth based on innovation-driven competitiveness, Deputy Minister of Innovation and Growth Martin Danovsky said at a forum held as part of the 89th Thessaloniki International Fair.

The event was organised by the Bulgarian-Hellenic Chamber of Commerce and Industry and the Green Transition Forum, with the participation of representatives of various institutions, as well as businesses from Bulgaria and Greece. The conference focused on Bulgaria’s accession to the Eurozone and the country’s economic prospects.

Deputy Minister Danovsky emphasized the importance of partnering with Greece to attract investments that can transform the entire region. He noted that the Bulgarian Government is prioritising the attraction and promotion of investment in high-growth sectors, including artificial intelligence, semiconductors, space technologies, and defence innovation. In his view, these are the areas that will shape the pace of economic growth over the next decade.

“Small and medium-sized enterprises and start-ups form the backbone of nearly all sectors in Europe,” Danovsky emphasised. “Competition is intensifying. Support through grants and financial instruments is no longer sufficient. We must also invest in human capital, focusing on developing the skills new market entrants need,” he added.

Addressing attendees, he also outlined the important role of research and development (R&D), and research spending in Europe. Danovsky also reviewed opportunities under programmes such as InvestEU, the National Innovation Fund and others. “The key to success lies in regional cooperation,” the Deputy Minister concluded at the forum.

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