The Bulgarian Development Bank has officially joined the Investment Fund of the Three Seas Initiative and is already a Class A shareholder with a contribution of EUR 20 million. The fund is expected to raise 5 billion euros and will increase funding for investments and co-operation between countries in the Black, Adriatic and Baltic Seas.
The countries of the initiative represent 22% of the population in the EU, create 10% of the EU GDP and have economic growth above the community average. But trade between them is still limited and needs improved infrastructure in transport, energy and information technology, BGNES has reported. Bulgaria has already accepted the presidency of the initiative in 2021.
The latest discussions of the Bulgaria-North Macedonia Commission on Historical Issues were completely unproductive due to the position of the colleagues from Skopje. In essence, there was no productive atmosphere. The colleagues from North..
Burgas will host the 16th edition of Sauvignon Selection , a major segment of the Concours Mondial de Bruxelles and one of the most prestigious independent wine competitions in the world. Over 1,000 Sauvignon Blanc wines from all over the world will..
A record number of participants from Bulgaria and abroad are expected to take part in the tenth anniversary edition of the Tarnovo Ultra Bike and Trail in Veliko Tarnovo, announced the organizers from the sports club “Brown Team”. The..
As an EU member state and a NATO ally, Bulgaria is an active participant in solidarity initiatives aimed at strengthening our deterrence and defense..
The police in the town of Veliko Tarnovo (Central North Bulgaria) detained a tourist bus driver with more than 2 permille of alcohol in his blood..
Snowfall and strong winds in Northeastern Bulgaria caused power outages in more than 100 villages in the regions of Ruse, Silistra,..
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