In a special meeting of Parliament, Hungarian lawmakers have given the go-ahead to a loan deal which will provide the country with the funds to build two nuclear power plants. But the €10bn arrangement promises to generate substantial criticism in the coming years as the EU hasn’t given its blessing to the project and no tender was ever held on the energy project. The financing deal assumes that Russia’s (state-owned) nuclear giant Rosatom will build the planned 2,000 MW plant, which would be tacked onto Hungary’s existing nuclear power plant. Opposition parties warn the deal will simply serve to increase the country’s foreign debt while bringing it under greater Russian influence.
