Chernobyl, Still Leaking, Forces Ukraine to Seek $1 Billion
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Ukraine is seeking $1 billion to seal Chernobyl, the site of the world’s worst nuclear disaster, and concern is mounting the accident at Fukushima in Japan and a growing debt crisis may make it harder to raise the money.
Ukrainian President Viktor Yanukovych will host a conference starting tomorrow in Kiev to get funding for a new containment shelter 25 years after Chernobyl’s No. 4 reactor exploded. European Commission President Jose Barroso, who arrived today, urged states to contribute as a venture involving France’s Vinci SA and Bouygues SA works on the foundations.