Hypervigilant Observer

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17 March 2012

CZECH REPUBLIC : Markets Say 'Ne' To 2 New Temelin Nukes.

http://www.bloomberg.com/news/2012-03-16/stalemate-hits-10-billion-czech-nuclear-plan-on-funding-energy.html

      Some experts are calling Prague's $10 billion effort to build 2 new nuclear power plants near Germany...'unrealistic' for investors.
     The nation's utility CEZ has suffered from falling power prices...and lacks financial muscle.
     But CEZ and Prague insist the projects will proceed.
     The question is...who will fund them?
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