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.
On 7 April, the Directorate for Combating Organised Crime dismantled a migrant smuggling network. Three people were arrested - the organiser and two of his associates. The organiser is a third-country national who has been denied refugee status in..
On this day 46 years ago, Georgi Ivanov made history as the first Bulgarian to go into space. On 10 April 1979, at 20:34 Moscow time, the Soyuz-33 spacecraft was launched into orbit with Georgi Ivanov and Soviet commander Nikolai Rukavishnikov on..
The MECH party is filing a motion of no confidence against the government, the leader of Vazrazhdane, Kostadin Kostadinov said on the sidelines of the National Assembly. The MP said that it was organized by his political force, which..
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..
Testing of the sectional average speed control system began today. The tests are being conducted by the National Toll Authority in cooperation with the..
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