Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

EU to prolong financial aid

THE EUROPEAN Union will prolong its financial aid for the decommissioning of the V1 nuclear power plant in Jaslovské Bohunice.

THE EUROPEAN Union will prolong its financial aid for the decommissioning of the V1 nuclear power plant in Jaslovské Bohunice.

The European Council ruled that an assistance programme should be established for the years 2014-2020, with €200 million to be assigned to the decommissioning of the plants’ two nuclear blocks, the SITA newswire reported.

To get the additional funds, however, Slovakia must fulfil several criteria, including fully transposing the nuclear safety directive into national law, and the elaboration of a detailed plan for decommissioning the power plant. Such a plan should contain information on partial projects, a specific time framework and the estimated costs, as well as the sources to cover the costs, SITA wrote.

The EU should then evaluate the progress that will have been made in the decommissioning by the end of 2017.

The EU is contributing to the decommissioning of the V1 power plant through the Bohunice International Decommissioning Support Fund (BIDSF), which is administered by the European Bank for Reconstruction and Development. So far, 20 grant contracts have been concluded for which €464 million has been allocated from BIDSF. The drawing of these funds stood at almost €170 million by the end of October 2012, SITA reported.

The overall costs of the decommissioning have been estimated at €1.1 billion, and the two blocks should be definitively decommissioned in 2025.

Top stories

The art of baking Bratislava rolls Photo

Vienna has Sacher torte, Budapest has Somlói galuska and Bratislava has rolls

Ján Šimunek loves Bratislava rolls, especially those filled with poppy seed.

Sagan shows impressive core exercises Video

The three-time world champion will start the new season in a month's time in Australia.

Peter Sagan

Slovak cybersecurity firm participated in global operation to disrupt malware system

Eset monitored malware and its impact on users over several years

UN committee: Slovakia still discriminates against Roma

Government should adopt measures to remove discrimination and segregation of the minority.

Moldava nad Bodvou