Bulgaria Close to Getting EU Nuclear Decommissioning Aid

Politics » BULGARIA IN EU | May 16, 2010, Sunday // 12:19| Views: | Comments: 3
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Bulgaria: Bulgaria Close to Getting EU Nuclear Decommissioning Aid The final approval for Bulgaria's EU nuclear decommissioning aid is expected to be granted by the European Parliament on May 20. Photo by EPA/BGNES

The European Parliament announced that it will put to the vote on Thursday the proposal for financial assistance with respect to the decommissioning of Units 1 to 4 of the Kozloduy nuclear power plant in Bulgaria.

At the end of April Bulgaria came closer to receiving EUR 300 M in additional EU nuclear decommissioning aid after the EP Committee on Industry, Research, and Energy backed the proposal.

The EP Committee approved all amendments to the EC proposal for additional compensations to Bulgaria put forward by the Bulgarian MEP Vladimir Urutchev.

At the beginning of April 2010, the EP Environment Committee defeated the report of the German MEP Rebecca Harms demanding that the allocating of the EUR 300 M to Bulgaria be made conditional on its starting to build a nuclear waste storage site, and that the funds be used solely for projects related with the Kozloduy NPP.

Thus, the Bulgarian government will be able to realize its intentions to use about EUR 180 M from the decommissioning package for projects related to the technical putting out of operation of the four reactors and for social projects in the town Kozloduy, and to channel the remaining EUR 120 M into projects for renewable energy and energy efficiency.

Bulgaria is expected to get the first EUR 75 M from the package in June 2010.

Over the last ten years Bulgaria has received a total of EUR 550 M in compensation for the closure of four units at Kozloduy that had been deemed unsafe, but the government hopes to receive EUR 300 M more under Europe's recovery plan.

Bulgaria's previous Socialist-led government first called for additional money a year ago and went as far as to ask 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 Soviet-era reactors at Bulgaria's sole nuclear power plant is out of the question.

The plant, which has been operating since 1974, has raised safety concerns, and Bulgaria agreed to shut four of its reactors as a condition of joining the EU.

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Tags: decommissioning aid, Nuclear Power Plant, Kozloduy NPP, Vladimir Urutchev, MEP, EP
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» To the forumComments (3)
NellieotAmerica - 16 May 2010 // 22:28:02

"So what actually happened to those 500Mio. Euros?! "

Use your imagination and think outside of the box. Some of it went to fund the pensions and benefits of the old communist battle axes, some went to the government for entitlement programs, some went to Turkey via Ahmed Dogan and his mob, some went directly into the pockets of the swindlers and stimulated the German economy by the purchases of Porsche Cayenes and Mercs. None of it was used as intended.

Any other questions?


P.S. The EU might consider when giving money to Bulgaria to track it electronically and to have a full time auditors watching the money like hawks.

temujin - 16 May 2010 // 14:09:26

The loses both strategic and financial Bulgaria takes because of shutting down Kozloduy are far greater than this petty aid which is often late. Instead Borisov government could put more effort into cancelling this suspicious deal.

Taro - 16 May 2010 // 13:18:48

So what actually happened to those 500Mio. Euros?! The reactors are still standing as before...

120Mio. Leva for social projects around Kosloduy, yeah right! This selo must be a paradies for Kindergartens, umemployment assistance and Roma help projects...


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