Spectator on facebook

Spectator on facebook

Reader feedback: Count costs as well

Re: Slovakia's EU member-ship pays off, Business in Short, October 3-9, 2005

Slovakia may have netted some €168 million in the first year of membership, but there is a snag. In line with the accession agreement, Slovakia will have to decommission two nuclear reactors. Although the EU will subsidize part of the cost of the decomissioning, the bulk of the cost Slovakia has to pay.

This, let's call it "shortfall", could be something in the region of €500 million by 2009, when the decommissioning is supposed to have been completed. That is almost exactly three times €168 million.

And that is not all, for Slovakia must, after the decommissioning, find an alternative source of electricity to cover the loss of these significant generating facilities. That has a price tag attached too.

Oscar,
Radošovce, Slovakia

Top stories

Námestie Slobody gets facelift Photo

The architectural tender will gather ideas for the redesign of the biggest square in Bratislava

Námestie Slobody will be redesigned into a kind of living room in the city.

When the state can’t keep a secret

A selective leak has tarnished President Kiska’s reputation. But he must continue to speak out about corruption.

President Andrej Kiska

Fundamental values explored at Divadelná Nitra 2017

This time round, the Slovak, European and US ensembles at the theatre festival focus on #fundamentals, i.e. basic values and the essence of all things.

Nature Theatre of Oklahoma: Pursuit of Happiness

Foreign rocket engines for North Korea: Why?

For Russia, the path to a weakened China could be through a major nuclear accident in North Korea.