Sofia is seeking a 600-million-euro loan from the European Investment Bank and the EU’s Euratom to build a 2,000-megawatt nuclear power plant at Belene, the government said last week.
The Socialist-led government decided to grant a state guarantee for the loan, which will be taken up by state-run utility NETC. NETC which will keep 51 percent in the Belene plant which it is estimated will cost over 5 billion euros.
(Reuters)