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France's Le Maire: all options are on the table regarding EDF

Published 14/06/2022, 17:54
© Reuters. French Minister for Economy, Finance, Industry and Digital Security Bruno Le Maire leaves after the weekly cabinet meeting at the Elysee Palace in Paris, France June 14, 2022. REUTERS/Benoit Tessier
EDF
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PARIS (Reuters) -French Finance Minister Bruno Le Maire said on Tuesday the state, EDF (EPA:EDF)'s majority shareholder, will always back the debt-laden power group, adding "all options are on the table", when asked if the government planned to nationalise EDF.

Le Maire made the comments in an interview with BFM television.

Earlier on Tuesday, energy minister Agnes Pannier-Runacher told Europe 1 radio the government was considering the option of fully nationalising EDF, but added that nothing was decided yet.

© Reuters. French Minister for Economy, Finance, Industry and Digital Security Bruno Le Maire leaves after the weekly cabinet meeting at the Elysee Palace in Paris, France June 14, 2022. REUTERS/Benoit Tessier

EDF, in which the state owns over 80%, faces delays and budget over-runs on new nuclear plants in France and Britain, and corrosion problems in some of its ageing reactors.

The prospect of nationalising EDF was flagged by President Emmanuel Macron during his re-election campaign.

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