According to
this article (
http://rt.com/news/188332-mox-nuclear-fuel-production/), while every other country with nuclear power plants has closed them and simply holds nuclear waste, Russia has been working on a way to solve the problem, and apparently has managed to build a power plant that uses closed fuel cycle technology and can also use radioactive waste as fuel. It doesn't say what the possible hazards might be, but the plant itself is underground.
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