EBRD to allocate at Chernobyl projects 120 million euros

The European Bank for Reconstruction and Development (EBRD) is ready to allocate Chernobyl projects 120 million euros. This was announced today at a press conference in the Ukrainian representative office of the bank vice-president of the EBRD Horst Reichenbach. According to him, in general, the Bank plans to allocate 25% of the funds, which will bring other donors. "The bank plans to supplement the amount of funds that will be able to collect from donors. For example, donors will come to 480 million euros, the bank is ready to give 120 million euros, "- said vice-president. He added that the bank is willing to grant 120 million euros in any case. " "If the donor exceeds the amount, and be able to collect more, the bank is ready to exceed our plans," - he continued. Reichenbach added that the final size of the fee the bank will approve at a meeting of the Board of Directors in May in Astana. He recalled that the lack of funds to implement projects at the Chernobyl nuclear power plant is estimated at 740 million euros. "If because of the very difficult financial conditions in the world will not be able to go on this amount, the implementation of projects will continue and we will return to the issue of additional funds over time" - he explained. Head of Ukrainian State Agency for Management Exclusion Zone Vladimir Kholosha said that the donors' conference April 19, 2011 in Kiev, Ukraine announced its contribution in the amount of 6,5% of total funding. New confinement (new protective structure) at the Shelter "will appear in July 2015. To this end, the spring 2012 at the Chernobyl site to start collecting metal. Materials: RBC-Ukraine