EURATOM LOANS

BY KEITH NUTHALL
THE EUROPEAN Commission has proposed that the EU's nuclear arm Euratom should be authorised to lend an additional Euro 2 billion to projects improving the safety or efficiency of non-EU nuclear power stations. An expected approval by ministers would raise Euratom's lending ceiling for these schemes and the financing of EU nuclear power plants from Euro 4 to 6 billion. The new money will be focused on eastern European power plants where there are concerns about safety.



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