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.
Unemployment benefits in Sofia continue to be above the minimum wage, according to the latest data from the National Social Security Institute. It is the highest in the country and is on average 1,145 leva (585.43 EUR). The lowest unemployment..
"Yes, Bulgaria" party (part of "Democratic Bulgaria") have defined the budget for next year as an "economic tsunami". MP Ivaylo Mirchev was firm that the pary will oppose it when the project comes up for discussion in parliament. "Yesterday we were..
Bulgarian President Rumen Radev has presented the national flag to the participants in the 34th Bulgarian Antarctic Expedition. At a ceremony in the Hall of Arms, the flag was accepted by the head and doyen of Bulgarian research in the White Continent,..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
Birth rate in Bulgaria has decreased by 33% over the past three decades. In 1994, 79,442 live births were registered in the country, while in 2024 the..
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the..
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