Commentary on the news from France.
News:
The European Commission has opened an in-depth investigation into the French state aid plan for the construction of six new EPR2 reactors. Brussels is examining whether the €73 billion aid package would distort market competition and whether it would place too great a risk on taxpayers.
Comment:
France's ambitious plans to build a park of next-generation reactors (EPR2) create critical risks and direct obstacles to Serbia's plans
The promised government funding in France makes domestic projects an unconditional priority, which will inevitably lead to a reallocation of resources away from export-oriented sectors.
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