Amid criticism from environmental groups, the European Commission gave its green light Monday to state subsidies for the construction by a Russian company of two new nuclear reactors in Paks (Paks II) in Hungary. Brussels approved this support under EU state aid rules on the basis of Hungarian commitments to limit distortions of competition. Hungary wants Rosatom – a state-owned Russian company – to build two new reactors at the Paks nuclear plant.
EU Business 8th March 2017 read more »
EUROPEAN Union authorities have approved a new nuclear power plant in Hungary, backed with Moscow money and built by a Russian firm, in a move branded “spectacularly irresponsible”.
Express 7th March 2017 read more »