France Prepares To Nationalize Its Struggling Nuclear Industry

As the output of nuclear energy in France has reached an all-time low, France is now preparing to nationalise its struggling nuclear industry.

Électricité de France (EDF), which is now 84% controlled by the French government, is in the process of being fully nationalised at the same time that the company expects a sharp decline in profitability. EDF just drastically boosted that predicted loss to a staggering 29 billion Euros after previously alerting investors that its core profits will...

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