Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria welcomes US financial support for Three Seas Initiative

In its capacity of chair of the Three Seas Initiative in 2021, Bulgaria welcomes yesterday’s decision by the US to take part in the Three Seas Initiative Investment Fund with 300 million USD, the press service of the Bulgarian Ministry of Foreign Affairs has announced. The funds allocated are earmarked for the development of the cross-border energy infrastructure in Central and Eastern Europe.

In September Bulgaria allocated 20 million euro to the Fund and proposed the implementation of several key projects under the initiative – the extension of the gas storage facility at Chiren as an important element of the strategic energy infrastructure in Bulgaria and the region; the rehabilitation of the Ruse-Varna railway line; the construction of the tunnel under Petrohan pass and of Cherno More motorway (Black Sea), connecting Burgas with Varna.

Deputy Prime Minister and Minister of Foreign Affairs Ekaterina Zaharieva has been appointed national coordinator of  Three Seas matters. An interagency coordination group has been set up, as well as a secretariat to organize the Bulgarian chairmanship which includes representatives of the presidential administration. 



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

State-owned enterprises to combat corruption through a compliance officer

The National Assembly has introduced a new requirement for state-owned enterprises to implement corruption risk management systems, which will also include appointing an integrity officer. The measure is recommended by the Organisation for Economic..

published on 11/27/25 1:30 PM

Budget 2026 is being frozen, GERB are ready to rule with the old budget

GERB leader Boyko Borissov said that he did not like budget 2026 and it would be frozen. Speaking to the media in parliament, Borissov said that the Joint Governance Council of the formations in the government, the Prime Minister..

published on 11/27/25 11:18 AM
Hristijan Mickoski

North Macedonian Prime Minister mocks attacked Macedonian Bulgarian Vladimir Perev

North Macedonian Prime Minister Hristijan Mickoski accused attacked Macedonian Bulgarian journalist Vladimir Perev of staging the attack and self-harm, BGNES has reported. On November 21, in a shop in the center of Skopje, Perev..

published on 11/27/25 8:55 AM