Europe Natural Gas Prices Surge to EUR 29/MWh Following Russian Attack on Ukrainian Facility
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
From The Korea Times
By Na Jeong-ju
South Korea and Bulgaria agreed Monday to boost economic and cultural exchanges, while strengthening cooperation on climate change, green growth and other global issues.
President Lee Myung-bak and Bulgarian President Georgi Parvanov made the agreement at a summit at Cheong Wa Dae, the presidential office said in a press release.
On the sidelines, the two governments also signed pacts to push for stronger ties in the military and security sectors and sharing information on geopolitical issues of mutual concern.
Topics at the summit also included the free trade agreement between Korea and the European Union, and North Korea's nuclear program.
Parvanov arrived in Korea Sunday for a three-day state visit, becoming the first Bulgarian head of state to visit Seoul since 1995. The two countries established diplomatic relations in 1990.
The summit also focused on preparing joint programs to celebrate the 20th anniversary of diplomatic ties between the two nations.
"The Korea-EU FTA, which is expected to take effect next year, will help boost trade between Korea and East Europe," President Lee said. "I hope this visit will pave the way for a stronger partnership between Korea and Bulgaria in culture, tourism and education."
Upon arrival in Korea, President Parvanov visited cultural relics in the southeastern ancient capital city of Gyeongju and the adjacent industrial complexes.
He hoped his country will share Korea's experience of rapid economic growth and increase bilateral economic exchanges, Korean officials said.
Today, he will deliver a speech on upgrading Korea-Bulgaria relations during a business forum co-hosted by the Bulgarian embassy in Seoul and the Korea Chamber of Commerce and Industry.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Brazen Bulgarian gangs "terrorise the elderly and rob them over their life savings with increasingly aggressive phone scams nettling millions of euros," according to an AFP story.
The prospect of US President Donald Trump's moving closer to Russia has scrambled the strategy of "balancing East and West" used for decades by countries like Bulgaria, the New York Times says.
Bulgarians have benefited a lot from their EU membership, with incomes rising and Brussels overseeing politicians, according to a New York Times piece.
German businesses prefer to trade with Bulgaria rather than invest into the country, an article on DW Bulgaria's website argues.
The truth about Bulgaria and Moldova's presidential elections is "more complicated" and should not be reduced to pro-Russian candidates winning, the Economist says.
President-elect Rumen Radev "struck a chord with voters by attacking the status quo and stressing issues like national security and migration," AFP agency writes after the presidential vote on Sunday.
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022