HUNGARY CONSIDERS ENDING COOPERATION WITH RUSSIA ROSATOM

What happened: Hungary is considering abandoning Russian company Rosatom, the main contractor for the planned Paks Nuclear Power Plant expansion, and has begun searching for alternative suppliers, Reuters reports. Key numbers: Expansion costs were initially estimated at 12.5 billion euros. Why it matters: The project is the largest nuclear energy project in the EU and is politically sensitive. A person familiar with the matter said all scenarios are being considered. A final decision is expected late this year or early next year.

Hungary is considering abandoning Russian company Rosatom, the main contractor for the planned Paks Nuclear Power Plant expansion, and has begun searching for alternative suppliers, Reuters reports.

The project is the largest nuclear energy project in the EU and is politically sensitive. A person familiar with the matter said all scenarios are being considered. A final decision is expected late this year or early next year.