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.
Bulgaria lacks a coherent national policy on refugees despite continued migrant flows , Vice President Iliana Iotova said on Wednesday, calling for a lead institution to coordinate integration efforts. Speaking at a roundtable event on the..
Bulgarian and Chinese researchers discussed scientific cooperation at a forum in Sofia on Friday, attended by representatives of the Bulgarian Academy of Sciences (BAS), government officials, economists and public figures. Organised jointly by the BAS..
With the slogan “No to the division of workers! Yes to higher incomes!” the Confederation of Independent Trade Unions in Bulgaria (CITUB/KNSB) held a protest in front of the Members’ Entrance of the National Assembly. The demonstration took place ahead..
Two billion euros in additional state guarantees and a concession of the Bulgarian Sports Totalizator are part of changes to the draft..
On Wednesday , the lowest temperatures will be between 3 and 8°C. In the regions with strong wind it will be up to 10-12°C. In Sofia it..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that..
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