U.S. Goes Nuclear to Compete With Russia, China in Europe’s East
- Bulgaria, Romania and Poland are exploring U.S. nuclear deals
- Barriers to entry stay high in market long dominated by Russia
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The former Cold War frontier of eastern Europe is becoming a battleground in the $500 billion business of building nuclear power plants.
Four months after lifting a prohibition on financing nuclear-energy deals overseas, the U.S. is finding an opening for companies such as General Electric Co., Westinghouse Electric Co. and Bechtel Group Inc.