Ukraine Fails to Raise $1 Billion for New Chernobyl Shelter
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Ukraine failed to raise the $1 billion to seal Chernobyl, the site of the world’s worst nuclear disaster, as budget concerns and the accident at Fukushima in Japan caused some governments to balk at further spending.
The former Soviet republic, which hosted a donor conference in Kiev today, raised about 550 million euros ($790 million) from countries including the U.S., the U.K., France, Russia and Germany, the European Bank for Reconstruction and Development said today in Kiev. Japan declined to offer a donation, as did Spain, Italy and Saudi Arabia.