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.
At a meeting between the Bulgarian and Turkish energy ministers in Istanbul,the Bulgarian side expressed desire to revise the agreement between "Bulgargaz" and "Botas" for the supply of gas. Turkey showed understanding and readiness..
An egg-painting workshops is opening today in the garden of the former Knyazheski palace, the Bulgarian Academy of Sciences’ National Ethnographic Museum has announced. The Museum is co-organizer of the event, alongside Sofia municipality...
A record number of contestants from 8 countries are to take part in today’s Kodzha Kaya mountain marathon. Its 6 th edition of hosted by Bilka village in the Eastern portion of the Balkan range. By a tradition the marathon begins at dawn..
On Saturday, minimum temperatures in the country will be between 5 and 10°C, around 5°C in Sofia. The morning will be sunny. In the afternoon it will be..
Ground forces military personnel destroyed an unexploded ordnance found yesterday in Vazrazhdane residential area of Sofia, the press service of the..
On Sunday the weather will be predominantly sunny, with cumulus clouds forming in the East in the afternoon though there is a slim chance of rain...
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