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K2R4 Decision in September
 
The decision about a loan from the European Bank for Reconstruction and Development (EBRD) to the two proposed nuclear power plants in Ukraine, Khmelnitsky 2 and Rivne 4 (K2R4) is postponed from July until September. This delay is partly due to the decision of the German Parliament against the loan (decision of June this year). The delay will not necessarily lead to giving up the loan, as strong forces in the G7-countries and Ukraine are pushing for it. Lately, the Siemens company has been very active in lobbying for the loan that would give additional income to their nuclear division.
The delay gives a bit time for NGO-activities to stop the loan and lead the way for more sustainable investments.

Contacts:
A Seed EBRD Campaign,
http://antenna.nl/aseed/ebrd
K2R4 Campaign,
http://www.ecn.cz/k2r4
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ISSUE #26 (855KB) 18 pages (1999-08-01)
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