: :inin Kyiv (EET)

EU Clears Russian Nuclear Reactor Project in Hungary


European regulators on Monday cleared Hungary to expand its Paks nuclear plant, approving a project that will extend Russia’s influence over the energy policy of a state that has actively promoted its interests within the EU.

Budapest signed a 12 billion euros ($12.7 billion) deal for two new reactors with Russia in 2014, to be built by state atomic energy corporation Rosatom.

After a lengthy probe, European Union state aid regulators said on Monday that government measures within the plan would ensure its operator would not be over-compensated or gain an unfair advantage over other energy providers.

Russian loan helps fund upgrade

Paks …read more

Source: Magazetini

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