Novinite: Bulgaria's FM: EU Cash Not Enough to Compensate for Nukes Closure
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Bulgaria's FM: EU Cash Not Enough to Compensate for Nukes Closure
The amount of money Bulgaria will receive as aid from the European Commission to compensate the closure of Units 1 to 4 of the Kozloduy Nuclear Power Plant is half the lost benefits the country will suffer, Foreign Minister Ivaylo Kalfin said. Talking to Darik News, Kafin explained that while the EC believes that EUR 500 M will cover the losses of the forced shutdown, experts estimate the real sum at over EUR 1 B. The money from the Union is hardly enough, the Minister pointed out.
Bulgaria has the political and economical ground to want the continuation of the financial aid program until after 2009, Kalfin said.
