(MENAFN- AFP) France will spend "as much as necessary" to recapitalise troubled nuclear energy group Areva, the Elysee announced in a statement Wednesday, and also stressed energy giant EDF must "become a majority shareholder" in Areva's reactor activity.
"The challenge isn't merely to respond to financial difficulties that Areva might encounter, but to restructure the entire sector and give it a new outlook," said an official close to President Francois Hollande.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.