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Hungary will delay payments to Russia for the construction of a nuclear power plant

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Budapest has 30 more days to pay. Hungary will negotiate the euro with the Russian Federation.

Hungary will delay the payment of interest to Russia on the agreement on the construction of the Paks-2 nuclear power plant, the calculation is in euros. Bloomberg reported this.

It is predicted that the station could be commissioned early in the next decade, later than planned, due to significant delays due to opposition to the Russian investment in the EU construction and complaints from Hungarian regulators about the quality of the plan. Rosatominvolved in the construction of the facility.

Russia published amendments to the financial agreement it reached with Hungary in July, in which it postponed payments and demanded repayment of loans in euros.

Hungary will have 30 days, starting August 16, to pay under the agreement.

The start of construction of the nuclear power plant was delayed after the Hungarian Nuclear Energy Authority extended the permit until October 11, 2024, instead of the initial deadline for the completion of part of the project in October 2023.

Recall that at the end of May, Hungary received the approval of the European Commission to amend the contract for the construction of two power units of the Paks-2 NPP, which ended in Rosatom.

After that, Ukraine sent a note to the European Commission regarding the possible intensification of nuclear energy cooperation with Russia.

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Source: korrespondent

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