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.
For the third consecutive year, Karin Dom – Varna is organizing the charitable initiative “Ivan Stanchov Awards” in memory of the Bulgarian diplomat and founder of the organization, Ambassador Ivan Stanchov. On October 23, awards will be presented..
On Thursday, minimum temperatures will range between 6 and 11°C across the country. Along the Black Sea coast, they will reach 13 to 16°C , while in Sofia they will drop to around 7°C. In the morning, visibility will be reduced in some low-lying areas..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to Bulgaria to assess the rule of law situation and to freeze all payments under the Recovery and..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
Plovdiv Airport welcomed the first flight from Milan (Malpensa) with an official ceremony on October 26. The aircraft carried 87 passengers on the newly..
The “water meter fee” will be removed from the proposed amendments to the Water Supply and Sewerage Services Regulation Act, Minister of Regional..
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