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 Bulgarian National Radio celebrates its 90th anniversary on January 25 with a gala concert with the participation of all ensembles of the BNR at the Sofia Opera. Before that, the Sirak Skitnik Award will be presented at a..
In the context of the efforts to release the Bulgarian citizens detained on board the Galaxy Leader ship, the Minister of Foreign Affairs of the Republic of Bulgaria, Mr. Georg Georgiev, paid a working visit to the Sultanate of Oman, where he met with..
On Saturday , the lowest temperatures will be between 0 and 5°C; in Sofia it will be around 0°C. During the day, it will be mostly sunny. In the morning hours cloudiness will still be significant in the eastern regions, but in the..
Bulgarian exports to the USA in 2023 are worth 1.1 billion dollars, and number 1 on the export list with a share of nearly 19 percent are "coins that..
By the end of next week, the Confederation of Independent Trade Unions in Bulgaria (CITUB) will send the government its proposals to be..
Swedish authorities have detained a ship suspected of sabotaging an undersea fiber optic cable in the Baltic Sea. The ship is the Bulgarian vessel..
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