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EC approves Hungarian Paks upgrade contract changes
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The European Commission has approved the modifications to the contracts of the expansion of Hungary’s Paks nuclear power plant, allowing for the project to be speeded up, Péter Szijjártó, the minister of foreign affairs and trade, said on Thursday.
The changes to the contracts and the European Union‘s approval will make it possible for the plant’s new blocks to begin operating by the very beginning of the next decade, with the project applying the strictest nuclear regulations, Szijjártó said on Facebook.
The Paks project guarantees the long-term security of Hungary’s energy supply, the minister said.
“The new Paks investment is the guarantee that we can preserve the achievements of the price caps on utility bills in the long run and sustain Europe’s lowest prices for the Hungarian people,” Szijjártó said.
He said the recent months had proven that that countries that can produce as much of their own energy as possible will be the most secure in the coming period.
Why is the damn E.U. involved in this at all? What business does it have to approve or reject anything that goes on on Hungarian territory and concerns Hungary? This just goes to show how overbearing the E.U. is and how much national sovereignty we have all cedes to that gigantic, unaccountable, corrupt entity.
Michael, your eyes are open and I agree with your statement!
Best from Holland.
Sander