Bulgaria Former PM Stanishev: Stopping Belene Is Risky Business

Business » ENERGY | August 18, 2009, Tuesday // 17:39| Views: | Comments: 0
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Bulgaria Former PM Stanishev: Stopping Belene Nuclear Plant Is Risky Business: Bulgaria Former PM Stanishev: Stopping Belene Is Risky Business The (BSP) leader and former PM, Sergey Stanishev vowed he would continue to insist that the cabinet revises its position regarding the Belene NPP. Photo by BGNES

Many lies have been disseminated lately regarding the "Belene" Nuclear Power Plant (NPP) project, Sergey Stanishev believes.

The leader of the Bulgarian Socialist Party (BSP) and former Prime Minister spoke Tuesday during a press conference, accusing new Finance Minster, Simeon Djankov of using false data regarding the NPP.

Stanishev pointed out that billions of State funds have already been invested in the project, which, according to him, is of crucial significance for Bulgaria's economy.

The BSP leader vowed the socialists were to continue to insist that the cabinet revises its position regarding the NPP.

"Belene will provide competitive and lower energy prices. The State participation in the project is an important requirement for the favorable price for Bulgarian consumers. This project is in a much more advanced stage than many others. To halt it will create economic risks," Stanishev is quoted as saying.

The former PM also spoke about additional compensation from the EU for the closed Units 3 and 4 of the NPP "Kozloduy", explaining Bulgaria was to receive a minimum financing of EUR 300 M for them by the end of the year.

Stanishev reminded that his former cabinet had made the commitment for the compensations and the President of the European Commission, Jose Manuel Barroso, had announced in June that Bulgaria's requests were founded and he would personally become engaged so that the country receives compensations for "Kozloduy."



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Tags: Belene NPP, Sergey Stansishev, Simeon Djankov, Kozloduy NPP
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