#France's #Naval Group expressed its "great disappointment" Thursday at the decision by #Australia to build nuclear-powered #submarines in a new partnership with the United States and Britain. The announcement, by Australian Prime Minister Scott Morrison hit Naval Group's multi-billion euro contract with the country to build 12 state-of-the-art Attack Class subs. FRANCE 24's Business Editor Steven Caroll tells us more about the economic consequences of this setback.

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