NGOs question Italy’s SACE intent to support Mochovce nuclear plant

(RE:Common & ECA Watch Europe, Brussels/Rome, 27 November 2014) NGOs have written to Italy’s Minister of Economic Development and SACE to express their deep concern about SACE’s intention to issue a financial guarantee of up to 500 million Euros in favour of the controversial Enel-sponsored Mochovce 3 and 4 nuclear power plant project in Slovakia. Last June the German government decided to stop future support through Euler Hermes guarantees for nuclear power plants, in line with the decision in 2011, soon after Japan’s Fukushima nuclear disaster, to phase out nuclear power production in Germany by 2021.