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Hungarian Government denies information about EU blocking nuclear deal with Russia

In 2014, the Hungarian government signed an agreement with the Russian company Rosatom for design and construction of two new 1200-megawatt power units at the Paks Nuclear Power Plant in Hungary. Yesterday there appeared informal information about the European Commission blocking the agreement.

Hungarian Government denies information about EU blocking nuclear deal with Russia

Yesterday, the British newspaper Financial Times reported that the European Union, represented by the European Commission froze the agreement between the Hungarian government and the Kremlin on construction of the Paks-2 Nuclear Power Plant in Hungary, Joinfo.ua reports.

According to Financial Times' sources, an objection by the European Atomic Energy Community ("Euratom"), which opposed the "import of nuclear energy solely from Russia", was the reason for not implementing the Russian-Hungarian agreement.

After some time, quoting Secretary of State Giro Szasz Andras, the Hungarian news agency MTI has denied information about the blocking. "It is not true that the EU has blocked the construction of Paks-2," said Szasz, and demanded that the Financial Times refute the information posted.

In 2014, the Hungarian government signed an agreement with the Russian company Rosatom for the design and construction of two new 1200-megawatt power units at the Paks Nuclear Power Plant in Hungary. Under the agreement, Moscow gives Hungary a loan of up to 10 billion euros for the project. Estimated cost of construction of the reactors reaches to 12 billion euros.