U.S. Launches Energy Program in Ukraine

(AP) – The United States launched a US$1 million (euro781,000) program on Monday to help upgrade energy infrastructure in Ukraine, which has been struggling to cope with sharp price hikes after Moscow declared it would no longer subsidize its neighbor.

Ukraine is one of the world’s largest energy consumers, and one of the most inefficient. Some 20 percent of all energy produced is lost through faulty or poor transmission lines — about three to five times as much as in Western Europe.
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