Vattenfall: Negative impact in second quarter due to German nuclear decision
Assuming an approval by the German parliament of the German government decision to shut down the country’s nuclear power plants, Vattenfall’s operating profit for the second quarter 2011 will be negatively impacted by about SEK 10 billion.The German government decided on 6 June 2011 that all 17 German nuclear plants shall be shut down at the latest by the year 2022. Vattenfall announced in its press release of 7 June that the decision will have a substantial financial effect. As a consequence of the decision the nuclear power plants Brunsbüttel and Krümmel, which Vattenfall has managerial