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EU Demands Return of EU Funds from Greek Port

EU Demands Return of EU Funds from Greek Port

The European Commission has demanded that the Chinese company, Cosco Pacific, who run Piraeus Container Terminal (PCT) at the Greek port, return EU funds after being judged to have breached state aid rules.

Bulgaria Offers Westinghouse 49% Stake in Planned NPP Unit

Bulgaria Offers Westinghouse 49% Stake in Planned NPP Unit

Bulgaria's energy minister said the government is proposing to US-based Westinghouse, controlled by Japan's Toshiba Group, to acquire a 49% stake in a planned 1,000 MW unit at the country's sole nuclear power plant (NPP) Kozloduy, local media reported on Thursday.

Serbias EPS Invites Bids for Upgrade of Seven SHPPs

Serbia's EPS Invites Bids for Upgrade of Seven SHPPs

Serbian energy utility EPS has invited bids for works on the reconstruction of seven small hydro power plants (SHPPs), the European Bank for Reconstruction and Development (EBRD) said on Thursday.