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EU allows Russia to complete its nuclear power plant in Hungary

May 26, 2023

Hungarian Foreign Minister Peter Szijjarto said that the European Commission has given the green light for Rosatom's further participation in the completion of Hungary's only nuclear power plant, Paks.

According to Euronews, Szijjarto said this on Thursday before participating in a meeting of EU foreign ministers.

The Hungarian foreign minister reminded that the contracts for the construction of new units of the Paks NPP are nine years old, and during this time, legal and technical circumstances have changed.

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In order to complete the construction as soon as possible, it is necessary to amend the contracts, the criteria for which were agreed upon in Moscow with representatives of Rosatom. Budapest submitted these changes to the European Union for approval under European law, and the European Commission approved them on Wednesday.

Szijjarto said that the European Commission's decision would accelerate the implementation of the Paks project and allow Paks 2 to be commissioned in the early 2030s.

"Nuclear energy is crucial for Hungary, and the construction of new units at Paks is a long-term guarantee of security of Hungary's energy supply," he said.

Author - Olena Madiak, 26/05/2023

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