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.
Drivers should drive with a maximum speed of 130 km/h on highways, which is ten less than the current permitted speed, MPs of the parliamentary Committee on Transport decided, adopting the amendments to the Road Traffic Act at first..
Bulgarian 11th grader Alexandra Atanasova is among the 27 winners of the 18th European translation contest for secondary school students Juvenes Translatores, organized by the Directorate-General for Translation of the European Commission. As..
On Thursday, the cloud cover will increase significantly, and rain showers will begin. There will be moderate winds. Strong and gusty westerly and northwesterly winds are expected in the Danubian Plain and the western part of the Upper Thracian Plain...
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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