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

The Association of Bulgarian Schools in America organises competition for National Awakeners' Day

The Association of Bulgarian Schools in America invites children from the Bulgarian community in North America to participate in a competition dedicated to November 1 - National Awakeners' Day, the organization announced on its..

published on 10/27/25 4:49 PM

Restoration of rare bird populations begins in three nature parks

The populations of the Eastern imperial eagle and the black vulture, Griffon vulture and Egyptian vulture in the Vrachanski Balkan, Sinite Kamani and Bulgarka nature parks will be supported through projects under the 2021–2027..

published on 10/27/25 4:31 PM

Prosecutor's Office raises new charges against Varna Mayor Blagomir Kotsev

The Prosecutor's Office has raised new charges against Mayor of Varna, Blagomir Kotsev, BNR reporter Silvia Velikova informed. He is expected to be presented with materials part of the case on Friday, which means that the..

published on 10/27/25 2:43 PM