Deadly Attack Targets Chinese Engineers in Pakistan
Amid a surge in violence targeting Chinese interests, a devastating suicide bombing struck a convoy of Chinese engineers in northwestern Pakistan, claiming the lives of six individuals
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
China Cheneral Nuclear Power Corporation (CGN) has been selected as the investor to develop two 740-MW units at the Cernavoda NPP, the Romanian state-owned energy utility Nuclearelectrica has said.
Nuclearelectrica and CGN signed in November 2013 a letter of intent about the projects, but the Chinese entity is now the winner of the tender to construct units 3 and 4, after also being the single bidder, Romania Insider reports.
A joint venture is to be set up where CGN will be the majority shareholder.
Previous estimates had suggested the project would carry a price tag of EUR 6.5 B, but the last feasibility study is now expected to be reviewed. Initially it was expected construction would cost about EUR 4 B.
Negotiation and signing of a memorandum of understanding about the joint implementation of the project are the next steps to be expected.
The two Canadian CANDU-type, 700-MW reactors operating now at the Cernavoda NPP in the country's south-east account for nearly a fifth of Romania's annual electricity needs.
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Amidst the political fervor preceding the upcoming parliamentary elections in North Macedonia on May 8, VMRO-DPMNE, the main opposition party, has proposed a postponement of constitutional changes regarding the inclusion of Bulgarians
Serbia's President Aleksandar Vucic has warned that Serbia could withdraw from the Council of Europe if Kosovo is admitted to the organization, as reported by media outlets in Belgrade
The chairman of the Macedonia Foundation, Victor Stoyanov, has raised alarm over an incident involving the reported assault of a Bulgarian citizen, Yane Murgoski, by Macedonian police in Ohrid
Montenegro was jolted awake by a powerful earthquake in the early hours of this morning, sending shockwaves across the region
In a sweeping move aimed at curbing reckless driving and enhancing road safety, Greece has implemented stringent measures against speeding motorists
Romanian Prime Minister Marcel Ciolacu has announced that Romania is set to become a part of the Schengen area through its land borders by the end of this year.
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