PARIS (Reuters) - French state-controlled nuclear group Areva will further cut back its investment budget and sell more assets to shore up its balance sheet, and the position of Chief Executive Luc Oursel is under threat, French daily Les Echos said on its website on Monday. The paper said the firm's supervisory board will meet on Tuesday and propose cutting back Areva's annual investment budget by another 100 million to 150 million euros ($125.68-$188.52 million) from 2015 and selling assets worth 500 million to 600 million euros. ...
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