NGOs, Civil Society warn Coface on guarantees for Kaliningrad nuclear plant

Société Générale has accepted the mandate to structure export financing of Alstom turbines for the controversial Kaliningrad nuclear power project, with a potential export credit guarantee from the French State, via Coface. European NGOs and civil society organizations are organizing street actions in front of Société Générale branches in at least eight cities across France, as well as in Russia and Poland from June 24-30, criticizing Société Générale’s irresponsibility and demanding its immediate withdrawal from this dangerous, useless and dodgy project.