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 Black Sea is one of the fastest warming seas in the world . By the end of the century, wind speeds in the region are expected to increase, rainfall is expected to increase and air pressure is expected to rise. The regions of Varna, Dobrich and..
Bulgaria's Minister of Culture Nayden Todorov has signed two important international documents, thanks to which Bulgaria will cooperate with Australia, as well as with Romania, Croatia and Serbia in the field of studying, preserving and promoting..
Travellers at Sofia Airport's Terminal 2 can now enjoy a new lounge area that combines a modern relaxation area with a shared workspace. Announced on its Facebook page, the new space offers international travellers from the Schengen area access to..
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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