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Image header Agence Europe
Europe Daily Bulletin No. 11810
ECONOMY - FINANCE - BUSINESS / State aid

Green light to creation of €24 billion fund for management of radioactive waste in Germany

On Friday 16 June, the European Commission authorised the transfer of radioactive waste liabilities to a new German public fund, in return for the payment of around €24.1 billion by operators of nuclear power stations in Germany.

In line with its decision to phase out the production of nuclear electricity by 2022, the Bundestag in December 2016 adopted a law that would see liabilities from the management of radioactive waste transferred from power station operators to the German state....

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