Bulgaria and South Korea will sign a cooperation agreement for promoting contacts in the sphere of energy. Agreement for this was reached by Bulgaria’s Minister of Energy Vladimir Malinov and the ambassador of the Republic of Korea to Bulgaria Bae Jongin.
By a decision of the National Assembly from 23 February, 2024, the South Korean company Hyundai Engineering and Construction was selected for conducting negotiations as potential builder of units 7 and 8 of the Kozloduy nuclear power plant, using the Westinghouse AP 1000 technology, the Bulgarian Energy Ministry says. Minister Vladimir Malinov and Ambassador Bae Jongin also discussed potential cooperation on the liquefied natural gas market. The Republic of Korea is among the biggest importers of LNG in the world and the Bulgarian side has a serious interest in purchases that would ensure additional diversification and energy security, Minister Malinov stated.
President Rumen Radev has returned for new discussion in the National Assembly the amendments to the State Agency for National Security (SANS) Act, adopted on October 2 this year, which assign the power to appoint or dismiss the chairman of the agency..
On Wednesday, the lowest temperatures will range between 6°C and 11°C, around 7°C in Sofia. Cloud cover will remain significant over most of the country, with rain showers in parts of Eastern Bulgaria and the mountains, more intense in the Rhodope..
In its new World Economic Outlook report, the IMF has raised its forecasts for Bulgarian economic growth this year and next, compared to its estimates from April. At the same time, IMF expects increase in inflation, as well as a decrease in the..
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