Bulgaria's Sofia to Seek 67 Mln Euro Loan for Building Waste Incineration Plant - Report

Bulgaria's Sofia to Seek 67 Mln Euro Loan for Building Waste Incineration Plant - Report

Sofia municipality has decided to take out a 67 million euro ($79 million) loan to finance the construction of a waste incineration plant on land adjacent to existing Sofia thermal power plant, public radio BNR reported on Thursday. The other 65 million euro needed for the construction of the facility will be secured under the European Union's operational programme Environment 2014-2020, BNR reported. Members of Sofia city council from opposition Socialist Party expressed concerns about the project's potential adverse impact on air quality, proposing that the facility be built outside the city, according to BNR. The proposal to take out a 67 million euro loan was submitted by Sofia mayor Yordanka Fandakova elected on the ticket of conservative GERB party, the dominant partner in the Bulgarian government coalition.($ = 0.8482)

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.