Japanese govt approves Tepco bailout plan

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Japan's beleaguered atomic energy firm Tepco is set to receive an eight-billion-euro bailout. The government funding follows approval of its business plan. Tepco is expected to make a loss of two billion euros this year. It is also facing multi-million euro compensation claims due to radiation leaks from the earthquake and tsunami damaged Fukushima Daiichi nuclear plant. ... http://www.euronews.net/

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