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European Pressurised Reactor

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Copenhagen, Dec. 17, 2009: French President Nicolas Sarkozy during a plenary session of COP15 UN Climate Change Conference was all business (source: dpa)
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France’s losing gambit in atomic chess
Dr. Emmanuel Martin
Dr. Emmanuel Martin
Energy is a potent currency in geopolitical relations. For an example, look no further than Europe, where France and Russia have been engaged in an unspoken struggle for primacy in the nuclear power industry. At first France took the lead, as Areva looked like a global champion that could potentially free Europe from its dependence on carbon-emitting fuels ­– espec...
French Audit office harshly criticised Areva’s former Chief Executive Officer Anne Lauvergeon – here with CEO of the electric company EDF Henri Proglio at the National Assembly in Paris in 2011 (photo: dpa)
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Areva and state capitalism’s delusions of grandeur

Among the legacies of the 2008-2009 financial crisis is the ‘return of the state’ – a resurrected school of thought, or rather intellectual creed, that more direct government involvement in the economy is needed to salvage capitalism. By 2009, John Maynard Keynes, the celebrated British economist whose concepts informed ...
French and Chinese officials, Daniel Verwaerde and Wang Yiren, sign a bilateral atomic energy agreement in Paris in July, 2015 (photo: dpa)
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Partnership with China may be risky attraction for France

China’s interest in closer relations with France presents an impressive array of opportunities and risks. Economically, China’s hunger for technology and resources and France’s need for cash and markets make for a good fit between the partners. Yet Paris must weigh the benefits of Realpolitik against the dangers of strengthening ...
 Dr. Emmanuel Martin
Dr. Emmanuel Martin
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