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Czech Republic: US Export-Import Bank Offers Loan for Temelin

Politics ♦ Published: July 30, 2013; 11:17 ♦ (Vindobona)

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The official export credit agency of the United States offers a loan under the condition that Westinghouse wins the tender.

Czech Republic: US Export-Import Bank Offers Loan for Temelin / Picture: © Vindobona.org

US Export-Import Bank is willing to offer Czech power supplier CEZ a loan for half of the cost of enlarging the nuclear power plant at Temelin in case US/Japanese consortium Westinghouse wins the tender for the construction of two further units, the bank’s president announced.

Fred Hochburg told Czech Television the bank would offer as much as was allowed under rules by the…