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Europe Daily Bulletin No. 11739

7 March 2017
Contents Publication in full By article 21 / 34
ECONOMY - FINANCE - BUSINESS / State aid
Green light to Hungarian State aid in favour of Paks II nuclear project
Brussels, 06/03/2017 (Agence Europe)

On Monday 6 March, the European Commission gave its green light to Hungarian investment to build two new nuclear reactors in Paks (Paks II).

The Commission's investigation showed that the Hungarian State would be agreeing to a lower return on its investment than private investors would accept. The support does therefore constitute State aid within the meaning of the EU rules

During our investigation, the Hungarian Government has made substantial commitments, which has allowed the Commission...

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