HomeTrendingLe Figaro editorial: "EDF,...

Le Figaro editorial: “EDF, state bankruptcy”.

Stock market shutdown for EDF. In a few weeks, the nuclear giant will leave the Paris stock exchange. This was announced by Elizabeth Born “Our sovereignty in the face of the consequences of war and the enormous challenges ahead.” In 2005, Dominique de Villepin, then Prime Minister, boasted of a partial privatization to fund future investments and allow the French to co-own their beloved company… A little private today, 100% public again tomorrow, EDF has always been. was at the mercy of governments who did what they wanted, often for political rather than industrial or energy reasons.

The state is indeed rarely a good strategist and almost always a bad shareholder. Conflict of interest is constant. In the name of healthy management of state funds, he is concerned about inflating profits and dividends. But, as a citizen’s defender, his primary task is to curb the increase in the price of electricity…

Source: Le Figaro

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