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Bulgaria Will Hold Referendum on Nuclear Plant Jan. 27

Bulgaria will hold a referendum on whether to build a new nuclear plant on Jan. 27, President Rosen Plevneliev said in e-mailed statement today.

Prime Minister Boiko Borissov’s Cabinet canceled on March 28 a 10 billion-euro ($12.25 billion) project to build a 2,000-megawatt nuclear power plant at Belene with Rosatom Corp., Russia’s state nuclear company, after failing to agree on its cost and find Western investors.