Thursday, May 12, 2011

JAPAN - Compensation for residents of Fukushima

Tokyo Electric Power Company (TEPCO), operator of the plant in Fukushima Daiichi, has announced it will pay compensation of more than 1 million yen (about 8,300 euros) to each household residing in a radius of 30 km around the site. For households of one person will be compensated to the tune of 750,000 yen (about 6,235 euros).

"In total, 48,000 households will receive such compensation as early as mid-April," said the daily Yomiuri Shimbun. The total of these payments will be 50 billion yen, or about 415 million euros.

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