Lázár: EC could approve Paks fuel supply agreement in two weeks
Cabinet chief János Lázár said yesterday that the European Commission could clear an agreement between Hungary and Russia on fuel supply for the upgrade of the Paks nuclear power plant within two weeks.
Hungary is looking at an agreement between Russia and Finland regarding nuclear fuel supply as a model for the Paks upgrade, Lázár confirmed. According to Lázár, the fuel supply was one of the three contentious issues that need to be cleared with the European Commission prior to its approval of the project.
EU rules on state aid and public procurements stipulate that the EC needs to clear such projects for compliance. Hungary will take out a €10 bln loan from Russia to finance the €12 bln project undertaken by Rosatom.
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