Bulgaria Receives EUR 85 M for Closing N-Plant

Politics | June 9, 2005, Thursday // 00:00| Views: | Comments: 0
  • Send to Kindle

The European Union (EU) will pay to Bulgaria a complimentary EUR 85 M compensation for the closedown of the Kozloduy nuclear power plant, it emerged on Thursday.

The sum has been specified in a financial memorandum of the Bulgarian Cabinet and the European Commission (EC).

Kozloduy's work should be halted by 2007 in order for Bulgaria to be accepted into the EU.

In April, Bulgaria greenlighted the project for building a new nuclear power plant, in the town of Belene. The next step will be the opening of an international tender for a supplier and constructor.
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