EU to provide 110 million euros for new Chernobyl shell


The European Commission will allocate an extra 110 million euros (96.5 million pounds) towards the cost of building a new shelter over the Chernobyl nuclear reactor which blew up in 1986, commission president Jose Manuel Barroso said on Monday.

“Tomorrow I will be ready to declare extra money put forward by the European Commission of the order of 110 million euros,” Barroso told Ukrainian President Viktor Yanukovich, Interfax news agency said.

The European Union is one of the principal stakeholders taking part in an international conference in Kiev, opening on Tuesday, at which nations will pledge cash to build a new shell over the reactor and provide for nuclear waste storage, Reuters reports.

Ukraine says about 740 million euros’ extra cash in all is needed to make the Chernobyl reactor safe from leaking radioactivity until the end of the century.