Bulgaria's Energy Minister: Europe Abandoned Industry
European industry has been forsaken, according to Bulgarian Minister of Economy and Energy Dragomir Stoynev.
"Since the beginning of the financial crisis, the EU has been pouring money into bailing out the banking sector, but no funding was allocated for the rescue of European industry," Minister Stoynev said at the "Reindustrialization through Competitiveness" discussion Wednesday in Bulgaria's capital city Sofia.
A debate for the reindustrialization of Europe has been broached and Bulgaria is part of it, Stoynev noted.
"We would like to start working on Kozloduy NPP in 2016," said Minister of Economy but stressed that the state companies Kozloduy NPP and Maritsa East 2 TPP want to renegotiate their contracts.
"Bulgaria must develop its nuclear energy, still the problem is that Kozloduy NPP infrastructure has not been renovated in nearly 4 years."
Minister Stoynev was categorical that Bulgaria should protect its national interests in the EU.
The main topics discussed at the "Reindustrialization through Competitiveness" round table will be the effect of the European energy policy on industrial stability and competitiveness in Bulgaria, the improvement of business environment, the reduction of administrative burden, Focus News Agency informed.
The round table is organized by the Bulgarian Federation of Industrial Energy Consumers (BFIEC), the Bulgarian Association of Metallurgical Industry (BAMI) and others.
- » More than BGN 355 Milion in the Fund 'Security of Electric Power Supply
- » Gas Pipelines Supplying Europe in Real Danger from Exploding Tundra
- » Tesla Wins Bid to Build World’s Largest Lithium-ion Battery for South Australia
- » Hungary Will Receive Gas Through Bulgaria in 2019
- » Trump is Going to Offer Gas Delivery to Central and Eastern Europe
- » Hot Water Stops in Downtown Sofia from June 7 to June 16
He is absolutely correct - and the more industries which close in any country the more people unemployed. It is time we stopped chasing the dream of the newest gadget/fashions (most made in China) or car, and went back to producing our own goods and food