France agrees to bail-out nuclear-power giant Areva

France agrees to bail-out nuclear-power giant Areva

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The French government is considering a rescue plan which may include some form of bailout from Électricité de France (EDF). In May, Areva announced that it expected to cut 5,000 to 6,000 jobs out of its 42,000 employees globally. In July 2015, EDF agreed to a majority stake in Areva NP.

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