Reuters reveals French power policy shift has left EDF in shock, CEO says

Reuters reported exclusively that the CEO of EDF broke with the convention that bosses of French state companies don’t criticize the government, after Jean-Bernard Levy expressed “real shock” and indignation after the utility was told to sell more power to rivals at below-market prices. In a memo to managers seen by Reuters, Levy said he had tried to persuade ministers to adopt a different course, and he was now looking at steps to defend EDF’s interests.