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 police in the town of Veliko Tarnovo (Central North Bulgaria) detained a tourist bus driver with more than 2 permille of alcohol in his blood while on duty. A tourist agency had hired a transport company from Pleven to transport its..
As an EU member state and a NATO ally, Bulgaria is an active participant in solidarity initiatives aimed at strengthening our deterrence and defense capabilities, Prime Minister Rosen Zhelyazkov said in his speech at the Antalya Diplomacy..
The parliament adopted on second reading amendments to the Electronic Communications Networks and Physical Infrastructure Act. The aim is to shorten the terms for issuing documents for construction and putting digital technologies..
Energy Minister Zhecho Stankov attended the tenth edition of the Delphi Economic Forum in Greece. "Bulgaria is a reliable partner in the region's energy..
Sofia public transport workers will protest on Monday, April 14, demanding increase in wages . The decision to protest was made after meetings between the..
Testing of the sectional average speed control system began today. The tests are being conducted by the National Toll Authority in cooperation with the..
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