Fingrid, the electricity transmission system operator in Finland, is preparing to connect new nuclear power units to the electricity transmission grid.

• August 12, 2010

EU applicant Serbia is considering acquisition of a still undetermined stake in a new EUR 4 B nuclear power plant project of its eastern neighbour Bulgaria. The latter, a new EU member, is facing difficulties raising the needed money or attracting an investor, media reported at the weekend.

• August 12, 2010

The President of Israel Shimon Peres will discuss bilateral cooperation between his country and Bulgaria in technology, industry and tourism fields with Bulgaria’s PM and Energy Minister.

• August 12, 2010

Russian President Dmitry Medvedev recently proclaimed Eurasia a Russian "sphere of exclusive interests."

• August 12, 2010

TWO recent developments in East Asia -- one in Northeast Asia and the other in Southeast Asia -- have brought to the fore some of the latent tensions in the region.

• August 12, 2010

Updated GDF Suez, the giant Franco-Belgian utility, said Tuesday that it had agreed to take over its smaller British rival International Power in a deal where the target’s shareholders will receive £1.4 billion ($2.2 billion) in cash in a special dividend.

• August 11, 2010

Battered by bloody ethnic clashes and its second coup in five years, Kyrgyzstan is facing economic disaster, with experts warning that not even a recent pledge of international aid may be able to stave off collapse.

• August 11, 2010

The worst heatwave in Russian history is likely to cost the economy almost one percent of GDP, according to economists. The summer's drought, forest fires and smog will be significant factors in eroding economic growth.

• August 11, 2010