France plans new energy champion

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Series Details 11.9.07
Publication Date 11/09/2007
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France is pressing Germany to abandon its hostility to nuclear power in return for a seat at the table in the creation of a new French-led energy champion. Fresh from agreeing the merger of government-owned Gaz de France with private utility Suez in early September to create a €70bn power group, France’s President Nicolas Sarkozy is now looking at creating a clear world leader in nuclear power through the restructuring of Areva, the state-held nuclear group.

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