Bulgaria's Nuclear Sector to Be Rendered Meager EU Finances

Politics | February 10, 2004, Tuesday // 00:00| Views: | Comments: 0
  • Send to Kindle

The finances for Bulgaria's nuclear sector, provisioned in the EU financial framework for the early entry period of 2007-2009, are insufficient, Emil Vapirev, Head of the Committee for Peaceful Usage of Nuclear Energy said to private channel bTV on Tuesday.

To support the closure of the Kozloduy nuclear plant in Bulgaria, the EU Commission proposes extra EUR 350 M till 2009, including EUR 140 M to be granted between 2004 and 2007.

The total financial package for Bulgaria and Romania, amounting to some EUR 9 B, covers other aspects too, mainly with focus on absorbing the poor aspects of the two national economies, BBC Brussels correspondent said on Tuesday.

In drafting the common financial package, the European Commission has followed the model of the previous enlargement in reassuring the two countries that they will not end up worse off after they join than before, and that compensations will be due if they find themselves out of pocket.

As the head of the EU Commission Delegation to Bulgaria Dimitris Kurkulas announced on Monday, the financial framework for Bulgaria is very likely to be presented on February 10.
Politics » Be a reporter: Write and send your article
Expats.bg All Are Welcome! Join Now!
Please, log in to post a comment.
» To the forumComments (0)
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria