EC to Deliver on Aid for Bulgaria Nuclear Units Closure

Business » ENERGY | October 12, 2009, Monday // 18:19| Views: | Comments: 0
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Bulgaria: EC to Deliver on Aid for Bulgaria Nuclear Units Closure Commissioner Meglena Kuneva says the allotment of additional compensation might not be easy considering constraints in the EU budget resulting from the economic crisis. Photo by BGNES

The European Commission is ready to allot the last tranche of EUR 77,5 M in compensations for the closure of two Soviet-designed reactors at Bulgaria's Kozloduy nuclear power plant.

This was announced by European Commissioner Meglena Kuneva, who paid a one-day visit to Bulgaria on Monday.

Up to 2008 Bulgaria has received a total of EUR 490,3 M in compensation for the closure in 2006 of two Soviet-designed reactors at Kozloduy that had been deemed unsafe, but the government hopes to receive EUR 300 M more under Europe's recovery plan.

The aid would have to be approved by the EU's 27 governments and the European Parliament, which according to Kuneva might not be easy considering constraints in the EU budget resulting from the economic crisis.

Bulgaria's previous Socialist-led government first called for additional money a year ago and went as far as to ask Brussels to compensate the country for the double blow of the gas crisis and the global economic slowdown by allowing a restart of the units.

The European Commission however has been adamant that a relaunch of the Soviet-era reactors at Bulgaria's sole nuclear power plant is out of the question. 

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