Japanese govt approves Tepco bailout plan

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/