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 average gross annual salary in Bulgaria in 2023 is 24,485 BGN (EUR 12,519) which is an increase of 15.3% compared to 2022, according to data from the National Statistical Institute. The highest wages are earned by those working in "Creation and..
PP-DB will not support a candidate for Speaker of the 51st Parliament from any party that has not supported the coalition's declaration for a cordon sanitaire against Delyan Peevski. They pointed out that this was the only way to..
The trial of six Bulgarians accused of spying for Russia continues in the United Kingdom. The head of the "spy cell" Orlin Rusev and Biser Dzhambazov pleaded guilty. Three others - Katrin Ivanova, Vanya Gaberova and Tihomir..
The financial effect of our country's accession to Schengen by land will amount to BGN 1.63 billion (EUR 833.4 million) per year, according to a study..
A Eurobarometer survey has registered the highest level of trust in the European Union since 2007 and the highest level of support ever for the common..
The Ministry of Transport and Communications supports the idea of naming Sofia Airport after Vasil Levski– the most undisputed figure in Bulgarian..
Mostly Cloudy
Rain
Scattered showers
Cloudy
Snow
Rain / Snow
Cloudy