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.
Restaurant owners and hoteliers, whose establishments will welcome customers on New Year's Eve, warn that they are seriously worried about how payments and revenue reporting will be handled. Until midnight, they must accept payments..
The European Commission expects Bulgaria to provide a position and assessment of the possible consequences for the Lukoil refinery in Burgas as soon as possible after the imposition of US sanctions against the Russian company. This..
Today at 11:00, in the Coat of Arms Hall of the Presidency, Vice President Iliana Iotova will officially present the collection "Alphabet. Language. Identity". The publication contains the reports from the second International Forum on the Cyrillic..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
On Tuesday , the lowest temperatures will be between 3 and 8°C; in Sofia – about 4°C. During the day before noon cloudiness will be..
Partly Cloudy