Bulgaria Wants EU to Pay EUR 1 B for Nuke Units Closure

Politics » BULGARIA IN EU | January 5, 2007, Friday // 00:00| Views: | Comments: 0
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Bulgaria: Bulgaria Wants EU to Pay EUR 1 B for Nuke Units Closure Minister Rumen Ovcharov will seek about EUR 1 B from the European Union to make up for the closure of the nuclear reactors. Photo by Yuliana Nikolova (Sofia Photo Agency)

Bulgaria will take steps for increasing the amount of compensations from the European Union for the closure of units 3 and 4 of Kozloduy nuclear power plant, the energy minister told the national radio.

Minister Rumen Ovcharov said Bulgaria will follow the example of other member states, which have already taken advantage of these compensations and set the sum at about EUR 1 B.

The minister repeated his hopes that the two decommissioned nuke units may be brought back to life.

At the end of last year, hours before joining the European Union, the country shut down another two reactors at its sole Kozloduy nuclear power station to meet the safety requirements of the European block.

The EU is due to pay Sofia EUR 550 M to make up for the closure of the four reactors and encourage economy in the use of energy.

Experts, however, say the plant has been stripped of production capacity worth EUR 3-4 B.
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