Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria is full-time member of Three Seas Investment Fund

Photo: library

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.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Gas price rises by 7.97 percent

The Energy and Water Regulatory Commission has approved the price of natural gas for January at 81.94 BGN/MWh, excluding taxes. Although the approved price of 81.94 BGN/MWh is higher than the price for December by 7.97%, it is..

published on 1/1/25 5:44 PM

NRA strengthens control over goods with high fiscal risk

After Bulgaria's full entry into Schengen, the National Revenue Agency is strengthening control over goods with high fiscal risk. The checks will be carried out in the country and at the places of unloading of goods for which the..

published on 1/1/25 4:33 PM

Prime Minister Glavchev: Together we will guard the EU's external borders much better

Caretaker Prime Minister Dimitar Glavchev was welcomed today at the "Kulata" border checkpoint on Bulgaria’s border with Greece with bread, salt, honey and wishes for a healthy and prosperous year. He went there to check the new..

published on 1/1/25 2:48 PM