Research (J&T BANKA)
Czech markets  |  March 25, 2013 09:25:14

Necas reiterated political support for the completion of Temelin

Prime Minister Necas said that the expansion of nuclear power plant is necessary because many existing coal-fired units will be in the next ten years, out of service and the Czech Republic will have problems with energy independence. According to Minister Kalousek, the government agreed that the completion of Temelin is necessary from a safety point of view, however, does not make sense economically. Completion of the Temelín nuclear power plant is a long haul. Political support for the project is not new.We do not expect that the report should significantly affect trading today with shares of the Company

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