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Kozloduy cash-in.

Bulgaria could receive at least 300 million euro in further compensation for shutting down four nuclear reactors at its Kozloduy nuclear power plant, Prime Minister Sergei Stanishev has said. Speaking after the latest European Council meeting, held in Brussels on June 18-19, Stanishev said he was assured by European Commission president Jose Manuel Barroso that the country's claim for additional compensation was justified. Bulgaria had to turn off the four 440MW reactors as one of its pre-accession commitments, receiving 550 million euro in compensation payable until the end of 2009.

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Title Annotation:BUSINESS BRIEFS
Publication:The Sofia Echo (Sofia, Bulgaria)
Date:Jun 26, 2009
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