Wednesday, September 29, 2010

Italy's Nuclear Revival Requires Political Guarantee, Enel CEO Conti Says

Italy is urged to commit to long-term nuclear projects
The Italian parliament must put into place measures to ensure that a change in government would not disrupt long-term nuclear projects, said Fulvio Conti, CEO of Enel. "If Italy wavers or looks less committed the cost of credit for the project will rise and all your cost calculations will be off," said Carlo Stagnaro, an analyst at Istituto Bruno Leoni. Bloomberghttp://www.bloomberg.com/news/2010-09-28/italy-s-nuclear-power-revival-requires-guarantee-by-politicians-enel-says.html

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