Reuters revealed that Germany will present a multi-billion-dollar proposal to Lebanese authorities to rebuild the Port of Beirut as part of efforts to entice the country’s politicians to form a government capable of warding off financial collapse. A chemical explosion at the port last August killed 200 people, injured thousands and destroyed entire neighborhoods in the Lebanese capital, plunging the country deeper into its worst political and economic crisis since the 1975-1990 civil war. According to Reuters sources, Germany and France are vying to lead reconstruction efforts.
Environment
Reuters reveals Germany to propose Beirut port reconstruction with ‘strings attached’
01 April 2021, 1:55 pm 1 minute
Article Tags
Topics of Interest: Environment
Type: Reuters Best
Sectors: Economy & Policy
Regions: Europe / Middle East / Africa
Countries: GermanyLebanon
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story