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

PM Rosen Zhelyazkov

Bulgaria declares day of national mourning for victims in North Macedonia

Tuesday will be a day of national mourning as an expression of solidarity with our closest neighbour in the Balkans, Prime Minister Rosen Zhelyazkov announced. A fire at a disco in the North Macedonian city of Kočani killed 59..

published on 3/17/25 1:18 PM

The nightclub in Kočani which claimed 59 lives had no licence

The fire in town of Kočani, which claimed the lives of 59 people and left 155 injured, was a foreseeable event, said Associate Professor Milen Ivanov, a security expert and former deputy rector of the Academy of the Ministry of the Interior...

published on 3/17/25 11:49 AM

A student at the American University in Bulgaria is among the victims of the Kočani fire

Stefanija Alexova, a sophomore at the American University in Bulgaria (AUBG), is one of the victims of the Kočani fire. She was born in the Macedonian town, which became the scene of the tragedy where 59 people lost their lives and 155 were injured...

published on 3/17/25 10:35 AM