The Italian Almanac

power plant

Italian News - May 9

France and Italy settled a long-running power dispute as giant French state electricity firm EDF said it would stay in Italy, hours after Rome lifted its restrictions on the group.

As part of the deal, Italian state utility Enel will get the foothold it has long sought in France by taking a stake in a new nuclear reactor project called EPR, Electricite de France said.

The announcement followed years of stalemate between the neighbouring countries in a dispute over access to one anotherís power markets.