SOFIA: As governments around the world struggle to secure energy supplies, cut carbon emissions and adapt to rising oil prices, Bulgaria has adopted an ambitious solution: Construct a new nuclear power plant, the country’s second, near the northern town of Belene, across the Danube from Romania.
RWE
Bulgaria Doubles State Guarantees for Belene Nuke Construction
Monday, October 22, 200718 October 2007, Thursday
PM Stanishev (left) and Finance Minister Oresharski (right) have both backed the project to the hilt so far, and Bulgaria's low foreign debt allows the cabinet to underwrite the loans.
Bulgaria's cabinet decided on Monday to double the amount of debt it is willing to guarantee for the construction of the country's second nuclear power plant at Belene.