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.
If there is no parliamentary group of the ''Morality, Unity, Honor'' party (MECH) on March 26, we will start blockades, said MECH leader Radostin Vassilev at a press conference. He demanded the resignation of National Assembly Speaker Natalia..
Another major infrastructure project in Bulgaria is moving forward. The technical project for the construction of the tunnel under Mount Shipka will be ready this year. If approved, the construction of the facility will begin as early as 2025,..
Nearly half of Bulgarians prefer the cabinet to continue governing over the alternative of new elections. However, the majority does not believe that Rosen Zhelyazkov’s cabinet will complete a full term, indicates data of a representative survey..
Bulgaria has improved its rating in the World Happiness Report , but remains 85 th out of 147 countries, which is the lowest position for an EU..
The importance of eurozone membership for Bulgaria was the focus of Prime Minister Rosen Zhelyazkov's meeting with European Central Bank President..
On Thursday at 11.01 a.m., astronomical spring will arrive. The minimum temperatures will be minus 5 °C and 0°C. In Sofia, it will be around minus..
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