If a contract on the construction of Belene, Bulgaria's second nuclear power plant, is not signed by July 1, the project will become useless, a Russian official has said.
Construction has to be launched by March 2012, or otherwise Belene will be considered unprofitable for Russia, said Genadiy Tepkyan, deputy chair of Atomstroyexport, the Rosatom subsidiary that is supposed to build the plant, according to Komersant.
In November, Russia delivered a similar ultimatum, declaring Bulgaria has time until the spring to decide on its participation in the Belene Nuclear Power Plant and sign a final contract....
Apart from the obvious, why would he make such statement?
This is equivalent to a public admission of lost leverage.
It sounds like a statement that was designed to create urgency, yet when analyzed it's a statement of weakness.
A statement of strength would have been to say "we are still hopeful that a decision will be reached on time because, honestly, assessing damages from contractual obligations is a messy process".
Now, that's a way to send strong messages, i.e. with all strength hidden between the lines.
What of Westinghouse? Anything new?
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