The governments of Hungary and Russia are working on changes to the financing of Hungary’s planned expansion of its Paks nuclear power plant partly because of EU concerns, the Hungarian minister in charge of the project said on Jan. 25.
Reuters: Hungary, Russia to modify financing for Paks nuclear plant expansion
Greenpeace activists play their drums made of colored metal bins to protest against the Hungarian government's energy policy at the banks of the Danube River on the opposite side of the Hungarian parliament building on April 3, 2014 in Budapest. The oil and gas dependence of Hungary at present is almost 80 per cent, and after signing the Paks treaty, the dependence of the country's electric energy production may also reach 80 per cent by 2030. Hungary signed a cooperation agreement with Russian President Vladimir Putin to build two new blocks of Hungarian nuclear power plant in Paks town.
