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EDF to receive state cash injection for first time since 1982 (Apres la manifestation, Nicolas Sarkozy annonce la premiere recapitalisation d'EDF depuis 1982).

Europe Intelligence Wire

| May 29, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Le Monde)

A few hours after the demonstration by workers of EDF and GDF, the French electricity and gas groups respectively, finance minister Nicolas Sarkozy said that the law reforming the statutes of the companies would stipulate that the state will not reduce its stake in EDF to below 70 per cent.

He also said that the state would …

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