Outgoing Vattenfall boss, Lars Josefsson.
Economy

Swedes to Pay for German Nuclear Accident?

Turmoil continues over the Swedish state energy company Vattenfalls investment in the German nuclear power industry – with the revelation that a secret agreement makes the Swedes economically responsible for any nuclear accident in Germany for the next five years.

This would bankrupt the Swedish company which delivers most of the electric  power to this cold-weather Nordic nation.

  

The company bosses defend themselves by insisting this agreement with the Germans can be cancelled at any time.

The company's outgoing top boss, Lars Josefsson,  has already been moved to another desk in the company, while the Swedish minister of industry is being sharply criticized for knowing – or failing to get informed – about the company's controversial deals in Germany.

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