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Vattenfall seeks 4.7 bn euros for German nuclear phase-out

Smoke rises from the cooling towers of the lignite-fired power plant operated by Vattenfall Europe Generation AG in Jaenschwalde, eastern Germany on August 25, 2014Frankfurt (AFP) – Swedish energy group Vattenfall is demanding 4.7 billion euros ($6.0 billion) in damages from Germany following Berlin’s decision to phase out nuclear power and shut several reactors, German government sources said on Wednesday.

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