Thursday

21st Sep 2023

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France to nationalise nuclear operator amid energy crisis

France is set to take full control of the debt-laden nuclear power group EDF, prime minister Élisabeth Borne told parliament on Wednesday. She did not give any details, but president Emmanuel Macron said during his re-election campaign in March that part of the company should be nationalised to bolster French energy independence. EDF has been grappling with debt which further spiked during the energy crisis this year.

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