10th post for the economy of france..

I was looking for another article to talk about France and came across another from nytimes.com. This one is about how the European Commission is trying to become more efficient with their energy by trying to utilize their nuclear power plants and to create safety standards. Also a plan of the European Commission is to eventually take these safety standards and share them with the rest of the world.

This article states that because of all this work it could be a good thing for France since they always try to sell technology more on the expensive side while other countries are trying to do the same but with cheaper alternatives. The Organization for Economic Cooperation and Development is an organization that strives to bring all countries and their governments together economically and help growth in trade world wide along with many other goals. Jose Manuel Barroso, who is part of the OECD, said that the European Union really is the first to make the initiation to bring the world together for nuclear security.

In April, if all goes smoothly, Barack Obama will conduct a meeting where all world leaders will discuss the plans for nuclear security. Now this could also be a good thing for France because according the article France is the second largest producer of nuclear energy, after the United States. The French state is in control of a nuclear contractor called Areva which sells plants and such equipments to different countries across seas. Unfortunately though, it has not done too well in the past few months.

Just a picture of the European Union logo I thought I'd post!