The Limited Times

Now you can see non-English news...

EDF weighed down by its laborious reorganization

2021-01-25T20:04:36.233Z


Its stock lost more than 15% on Monday. Discussions between Paris and Brussels on its future mark time.


Hercules stumbled.

The lengthening of negotiations between the French government and Brussels around the EDF reorganization plan, called Hercules, worries the markets.

The EDF course lost nearly 15% on Monday, erasing the gains accumulated since the fall and positive rumors about the advent of Hercules.

On Monday, a press article acted as a catalyst.

According to the BFM Business website, Brussels would have requested a period of 6 months to continue the discussions, which began more than a year ago.

The government wanted to complete them before the end of 2020 in order to implement the reform before the presidential election of 2022.

Read also:

EDF: the common front of the unions against the reorganization

The information from BFM Business was denied in the middle of the day by the government.

“This negotiation is underway, and no additional time has been requested in any way to carry it out,”

insisted the entourage of the Minister of the Economy, Bruno Le Maire.

In the process, the action barely recovered.

Yet it is a fact: the file drags

This article is for subscribers only.

You have 81% left to discover.

Subscribe: 1 € the first month

Can be canceled at any time

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All business articles on 2021-01-25

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.