04-06-2015 21:53 via news.yahoo.com

France moves to salvage key nuclear reactor sector

France faces a unique challenge as it moves to save nuclear reactor manufacturer Areva and salvage one of its world-class industries and jobs, while at same time reducing its own reliance on atomic power. The French presidency on Wednesday endorsed merging Areva's reactor-building unit with state-owned electricity company EDF, adding that the government would spend "as much as necessary" to recapitalise the troubled nuclear group, which is also controlled by the state. France has
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