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Commenting article: Bulgaria Drives Russia to Despair over Belene NPP - Report

Russia is perplexed as to whether to keep its efforts for the construction of the second Bulgarian nuclear power plant "Belene" or to renounce the deal and seek penalty payments from Bulgaria, according to the Rossiyskaya Gazeta daily.

In an article on Monday, the papers cites experts as saying there might be a "breakup" between Bulgaria and Russia over the "long-suffering project" as the sides have failed to agree on a final price and a funding mechanism.

Russia's state nuclear company Rosatom and its subsidiary Atomstroyexport, which is supposed to build the 2000-MW Belene nuclear plant, are in a tough dilemma as to how to handle the situation, the Rossiyskaya Gazeta says.

Nellieherself - 15 Feb 2011 // 20:49:02

"Bulgaria Drives Russia to Despair over Belene NPP"

This "drives to despair" sounds like a Russian novel. Dr. Zivago, Anna Karenina or War and Peace anyone?

dianneh - 15 Feb 2011 // 11:06:39

According to the report Russia will make more money – EUR 200 M – if it gets compensations from Bulgaria over a failed contract, while it will make only EUR 150 M if it completes the construction of the Belene plant.

Where's the argument ?

Bulgaria news (Sofia News Agency - 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." (Sofia News Agency - 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