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.
On Thursday , a cold front with clouds and precipitation will pass over the country. There will be short-term intense rainfalls with thunderstorms and hail. The lowest temperatures will be between 16 and 22°C; in Sofia - about 16°C...
Bulgaria has offered to help Hungary cope with the difficulties arising from the ban on the transit of oil across Ukraine. This transpired from a post on Facebook by Hungary’s Foreign Minister Peter Szijjarto. “Bulgaria, as a true friend and..
Bulgaria is among the countries with the highest shares of own property in Europe, but has the lowest share of insured homes, Nikolay Stanchev, chairman of the Management Board of the Association of Bulgarian Insurers, told BNT...
The man injured in the explosions at a fireworks warehouse near the village of Elin Pelin has died. The doctors did everything they could, condolences to..
The Bulgarian state is planning to allocate significant funding for the new laboratory at the Bulgarian base in Antarctica , public service TV BNT..
From human error to ball lightning, there are different versions regarding how the fireworks warehouses near Elin Pelin caught fire. According to..
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