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 Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University "St. Kliment Ohridski" has launched a joint program with the Artificial Intelligence Laboratory of the Massachusetts Institute of Technology (MIT)..
On Wednesday, minimum temperatures will range from 16 to 19 °C. The day will be sunny, with cumulus clouds forming over the mountains in the afternoon and occasional brief showers. Maximum temperatures will range from 30 to 35°C . In the capital -..
The new chairman of the State Agency for Refugees, Ivan Ivanov, has asked the Council of Ministers to conduct an inspection of the agency . The audit should establish whether there were any irregularities in the spending of funds, reporter Daniel..
A segment of a global money laundering network operating through financial fraud has been dismantled, the Sofia District Prosecutor's Office and the..
Sofia Municipality has requested the removal of a tent camp set up in front of the Presidency building during a protest organized by the "Vazrazhdane"..
Sofia is hosting a trilateral meeting of the defence forces heads of Bulgaria, Romania and Turkey. The Ministry of Defence announced that, at the..
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