Moscow is committed to funding the expansion of the Paks nuclear plant, and the project will continue without interruption, Russian President Vladimir Putin stressed on February 17 after meeting Hungarian Prime Minister Viktor Orban. Orban’s trip to Moscow on February 17 was surrounded by speculation that the controversial deal, in which Moscow will lend Budapest €10bn of the estimated €12bn project costs, could break down due to Russia’s economic problems. However, the Hungarian project, which has provoked concern in Brussels, appears to be seen by Moscow as a strategic and political priority.
Intelli News 18th Feb 2016 read more »