Ivailo Kalfin is a Member of the European Parliament from the Group of the Progressive Alliance of Socialists and Democrats (S&D). He is the head of the Bulgarian delegation in the S&D Group, and works in three committees: the Committee on Budgets (of which he is the S&D Coordinator), the Committees on Budgetary Control and the one on Industry, Research and Energy. He is currently the co-rapporteur on the MFF 2014-2020, and was Vice-Chair of the Budgets Committee from 2009 till 2013.
Mr. Kalfin holds Bachelor and Master degrees in International Economic Relations from the University of National and World Economy, Sofia (1988) and Master in International Banking from the Loughborough University, UK (1999). He holds a honorary doctorate of the Loughborough University, UK. Since 2001 he has been Principal Lecturer on the BA course in International Finance and Trade at Portsmouth University , UK
Mr. Kalfin was Deputy Prime Minister and Minister of Foreign Affairs of the Republic of Bulgaria (2005 - 2009). He was elected MP in the 37th, 38th and 40th National Assemblies and was a member of the Budget and Finance Committee and the Foreign Policy Committee (1995-1997, 2000-2001 and in 2005). Ivailo Kalfin was Economic Affairs Secretary to the President of the Republic of Bulgaria (2002-2005). He run as candidate for President of the Bulgarian Socialist Party (BSP) at the Presidential Elections in October 2011.
Mr. Kalfin is also member of the European Internet Foundation and sits in the Steering Committee of the European Parliamentary Financial Services Forum.