Bulgaria Happy with Brussels EUR 120 M Proposal for Energy

Politics » BULGARIA IN EU | March 19, 2009, Thursday // 19:35| Views: | Comments: 0
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Bulgaria Bulgaria Happy with Brussels EUR 120 M Proposal for Energy: Bulgaria Happy with Brussels EUR 120 M Proposal for Energy

Bulgaria will not seek a bigger share of the EUR 3.75 B that the European Commission proposed to allocate for energy infrastructure projects, the prime minister announced in Brussels.

The Balkan country is planned to receive EUR 120 M, which in the words of Sergey Stanishev, is a a substantial enough financing, compared to the money that has been earmarked for all twenty-seven member states.

Talking ahead of the European Council meeting, Stanishev pointed out this is just the first step in a series of measures and projects for preventing a repeat of the gas supplies cut-off.

Stanishev is expected to raise in Brussels once again the question for more compensations for the closed reactors at the country's Kozloduy nuclear power plant. He refused to mention any figures, but said he will press for a few hundred million euros for the period 2010-2013.

Bulgaria's Socialist-led government has recently called on 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 two Soviet-era reactors at Bulgaria's sole nuclear power plant is out of the question.


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