Hungary says it has reached an agreement with the European Union so Russia can supply fuel for 10 years after the expansion of its only nuclear power plant.
Janos Lazar, head of Prime Minister Viktor Orban's office, said in a statement posted Wednesday that the fuel supply contract would be open to other bidders once the 10-year deal with Russia ends.
Russia's Rosatom is scheduled to build two new reactors for the Soviet-era power plant in the Hungarian city of Paks by 2027.
Lazar said the arrangement was "acceptable" to Russia, which is also lending Hungary 10 billion euros ($10.1 billion) for the project.
The EU is still examining the project's compliance regarding competition rules and government subsidies.
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.
Remind me later.