France will fully nationalise EDF, Prime Minister Elisabeth Borne said on Wednesday, in a move that would give the government more control over a restructuring of the debt-laden group while contending with a European energy crisis.
EDF, in which the state already owns 84%, is one of Europe's biggest utilities and sits at the heart of France's nuclear strategy, which the government is banking on to blunt the impact of soaring energy prices exacerbated by the prospect of an abrupt halt to Russian gas supplies.
