EU examines Hungary's nuclear deal with Russia

Access to the comments Comments
By Euronews
EU examines Hungary's nuclear deal with Russia

<p>A nuclear power contract agreed between Hungary and Russia is being probed by EU officials.</p> <p>Regulators said on Monday that they are examining the deal with a Russian energy company to build and maintain two reactors just south of Budapest.</p> <p>They stress the examination of the contract is still in its early phases.</p> <p>Hungary denies that it has broken any EU laws, saying the issue is “a sovereign matter”</p> <p>“The award of the Paks nuclear power plant expansion project without a tender procedure has been brought to the attention of the European Commission,” said a spokeswoman for the EU executive. </p> <p>“Our services are currently examining this issue. And we are of the process of clarifying it with the Hungarian authorities.”</p> <p>The EU is trying to establish whether Hungary broke state aid rules with a series of subsidies.</p> <p>Officials could bring the project to a halt or issue a large fine.</p> <p>It comes at a time of strained ties between Russia ad the EU over the Ukraine crisis.</p>