06.01.2017 - 08:17 [ Reuters ]

France ready to save nuclear group Areva whoever wins presidency

(4.1.2017) A government-led rescue of French nuclear group Areva and the wider atomic energy industry may cost the state as much as 10 billion euros ($10.45 billion), but political support is almost certain whoever wins the presidential election in May.
While taxpayers will ultimately pick up the huge bill, the main election contenders – from the Socialists and conservatives to the far-right National Front – broadly back the bailout, which involves splitting up Areva.