Sofia Asks for Additional EUR 280 M for Nuke Reactors Closure

Politics | November 24, 2005, Thursday // 00:00| Views: | Comments: 0
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Bulgaria will ask the European Commission for additional EUR 280 M for the closure of units 1-4 of the country's only nuclear power plant in Kozloduy.

Bulgaria's Cabinet authorized Foreign Minister Ivaylo Kalfin and Energy and Economy Minister Rumen Ovcharov to negotiate with the European Commission for the earlier closure of the units.

The matter for the continuation of the EU financial aid for Bulgaria over the Kozloduy nuke after 2009 has already been raised at preliminary consultations in the "Enlargement" GD in July.

Back then it was agreed that the EC might allot additional financing of EUR 280 M (EUR 70 M annually for the period 2010 - 2013). During that meeting it was also agreed that a second round of negotiations should be launched.

Bulgaria, which aspires to join the European Union in 2007, accepted EU-safety requirements during its accession negotiations and agreed to close down four of its six nuclear reactors at Kozloduy.
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