Parliament approved state aid for the Russian nuclear reactors

21.09.2016

The Parliament approved state aid, allowing  "National Electric Company" EAD (NEK) to pay "Atomstroyexport" for the two reactors for NPP "Belene". Lawmakers approved the submitted by the Council of Ministers Bill to provide assistance for the repayment of NEK liabilities.

The amount would be equal to the established by the arbitration NEK liabilities due to "Atomstroyexport". NEK will be provided with a reimbursable grant under the public finances by the budget of the Ministry of Energy, based on the Agreement between the Minister of Energy and NEK, approved by the Council of Ministers, and only after a positive decision from the European Commission.

Source: Focus Agency