Hungary and Russia have reached agreement on “all the necessary issues” needed to proceed with the construction of two more nuclear power plants at the Paks site.
Hungary’s foreign minister Peter Szijjarto confirmed on social media that agreement had been reached on “the amendment of the construction and financing contract for the expansion of Paks”.
He said that regardless of the war in Ukraine and sanctions on Russia, “life and the technological situation have changed so much that contracts had to be changed”.
“We have gone through long negotiations, but today we have reached an agreement on all the necessary issues that guarantee that we can carry out the investment and protect Hungarian families and the Hungarian economy from completely insane price changes,” Szijjarto said.
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