Banks urged to pull the plug on nuclear plant’s finances (12 December 2006)
The five banks suggested as possible backers of Bulgaria’s Belene nuclear power station have come under pressure from environmental NGOs which fear that cost cutting and positioning in a region of significant seismic activity will make the plant unacceptably risky to build and operate.
The proposed plant is expected to cost Euro 4 billion to realise and without investment from foreign banks it is unlikely to (...)