Chernobyl cash shortfall

6 February 2008

A European Commission (EC) report has warned that the international project to erect a new shelter over the devastated Chernobyl reactor in the Ukraine is facing funding shortfalls.

The commission said there are “currently enough funds available” in the Chernobyl Shelter Fund to conclude the contract for a new shelter.

However, according to latest estimates, the existing funds are not sufficient to complete the project and additional funds will be required to meet the anticipated US$1.3 billion bill, the EC stated.




Privacy Policy
We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.