Bulgarian President Jubilant over N-Plant Referendum

Business » ENERGY | October 3, 2012, Wednesday // 13:50| Views: | Comments: 0
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Bulgaria: Bulgarian President Jubilant over N-Plant Referendum Bulgarian President Rosen Plevneliev. File photo

Bulgarian President Rosen Plevneliev is extremely happy that a referendum is to take place in the country regarding the fate of the Belene Nuclear Power Plant project.

"The magic word referendum unleashes civic energy and makes me happy," Plevneliev told reporters on Wednesday.

The President, who was elected in 2011 on the ballot of the ruling GERB party, has pledged to guarantee a "transparent and well organized" referendum, that he is to set a date for the nationwide vote once the Parliament selects its exact question.

Bulgarians should have the right to receive as much information as possible ahead of the upcoming referendum, he also noted.

Bulgaria's centrist-right GERB government scrapped the Belene NPP project in March 2012, declaring it economically unfeasible. The pro-Belene Bulgarian Socialist Party then launched a petition for a referendum on the Russian-Bulgarian project's fate.

The inspection of the petition recently concluded, with 543 639 valid signatures, enough to make the vote irreversible.

The referendum is expected to take place within the next three months.

Discussions have been renewed recently on the abandoned Belene NPP project, with Rosatom subsidiary Atomstroyexport upping its claim against Bulgaria's National Electricity Co. to EUR 1 B and a mysterious investment fund emerging with an offer to take over the project.

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Tags: Rosen Plevneliev, Nuclear Power Plant, Referendum, Belene, GERB
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