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.
A huge criminal network trafficking cultural artefacts and laundering money has been dismantled by the Bulgarian Prosecutor's Office, the General Directorate for Combating Organised Crime (GDBOP), Europol, and the Italian Carabinieri , BGNES reported...
GERB will offer Christmas bonuses for pensioners in the amount of 120 lev (61.36 euro), party leader Boyko Borissov said on the sidelines of parliament. According to him, funds for pensioners will be found in the state budget...
“Podkrepa” begins a series of protest actions in key state administrations across the country, BGNES reports. The first of them is today at noon in front of the Central Office of the National Statistical Institute in Sofia and in..
The European Bank for Reconstruction and Development (EBRD) will open a technology center in Bulgaria focused on emerging technologies such as Big Data..
Russia’s Lukoil said it reserves the right to pursue legal action to defend its rights and legitimate interests in Bulgaria after a special..
Violations were found in 27% of the inspected sections along the Black Sea coast , according to the control authorities of the Ministry of Environment..
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