This site collects anonymous statistical data on navigation through cookies installed by authorized third parties, respecting privacy of your personal data and in accordance with standards established by law. By continuing to browse this site, clicking on links in it or simply shaking the page down, you agree to the service and the same cookie.

A+ A A-

MOSCOW'S QUEST: "RECONQUERING" THE LOST EUROPE

Thursday, 23 January 2014 15:10

Moscow is going to finance about the 80% of the costs[1] of the construction of two new nuclear reactors (out of a total of four old reactors) in the Hungarian Paks nuclear power plant (town close to Budapest). This is the gist of the agreement that Russian president Vladimir Putin and Hungarian prime minister Victor Orban signed last week, concluding a negotiation that the two countries had started in 2009. According to such agreement, Moscow is going to lend up 13,7 billion dollars[2] (about 10 billion euros) which will be used by MVM Group (state company owner of the facility) in order to increase the power plant productivity, power plant that now provides about 40% of the national needs.

Published in Europe

Geoeconomia

Eversione e Terrorismo

Geopolitica

Risorse Energetiche

Cyber Warfare

Copyright CEOS 2012 - 2015. All rights reserved.