Vattenfall continues to seek billions from Germany
Frankfurter Allgemeine Zeitung
Swedish utility Vattenfall reaffirmed that it is seeking billions in damages from the German government after a two-week hearing in front of an international arbitration court in Washington, DC, writes Frankfurter Allgemeine Zeitung (FAZ). Vattenfall argues that the state must compensate it for lost earnings and investments made when nuclear power still appeared to have a future in Germany, before the phase-out plan. A verdict is expected for 2017 at the earliest, writes FAZ.
For in-depth background, read the CLEW dossier The challenges of Germany’s nuclear phase-out and the CLEW factsheet Legal disputes over the nuclear phase-out.
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