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France budgets extra 12.7 bln euros for state portfolio operations

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PARIS — The French government is increasing the amount available for financial operations concerning its state shareholding portfolio by 12.7 billion euros in the second half of the year, according to a bill updating the 2022 budget.

The bill does not say specifically what operations are anticipated but the government announced on Wednesday that it would nationalize state-controlled nuclear energy group EDF .

(Reporting by Leigh Thomas; Editing by Richard Lough)



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