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.
Since the beginning of the year, there has been a trend of decreasing traffic accidents on the territory of Sofia, as well as the number of people killed and injured in them compared to 2024, Commissioner Nikolay Krusharski, Head of..
Snowfall and strong winds in Northeastern Bulgaria caused power outages in more than 100 villages in the regions of Ruse, Silistra, Shumen, Targovishte, Dobrich and Varna. Hurricane-strong wind knocked down a 50-meter crane..
The Bulgarian research vessel Sts. Cyril and Methodius - Research Survey Vessel 421 will be ceremonially welcomed at the port terminal in Varna today. It was expected to dock at 10 am but due to bad weather the ship is now expected at 4 pm. The ship is..
Energy Minister Zhecho Stankov attended the tenth edition of the Delphi Economic Forum in Greece. "Bulgaria is a reliable partner in the region's energy..
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..
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