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's National Assembly ratified the contract for the acquisition of Javelin anti-tank guided missiles. The contract is intended to provide the necessary missiles for the anti-tank systems of the Stryker combat and reconnaissance vehicles. It was..
On the initiative of Bulgarian President Rumen Radev, Rheinmetall CEO Armin Papperger is visiting Bulgaria to look for cooperation projects with the Bulgarian defence industry and scientific community. In a meeting with the CEO of Europe's largest..
An honorary consulate of Bulgaria has been opened in the city of Stavanger in the Kingdom of Norway. This was decided at a government meeting today. The consular district covers Rogaland (Stavanger), Vestland (Bergen) and Agder (Kristiansand). Renowned..
61% of Bulgarians say that their country has benefited from being a member of the EU, a Eurobarometer survey shows. This indicator is the lowest..
The last group of participants in the 33rd National Antarctic Expedition is returning to Sofia today, announced the Bulgarian Antarctic Institute...
On Tuesday , the lowest temperatures will be between 7 and 12°C. In Sofia it will be around 9°C. During the day it will be mostly..
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