Ukraine: Where will the billions needed • Table.Briefings

Ukraine needs at least €720 billion to rebuild the country, head of government Denys Shmyhal said Monday at an international conference in Lugano. The EU agreed to cover much of the cost as well as coordinate international aid. Funding, however, remained unclear.

Since the start of the war, the EU has already mobilized €6.2 billion in financial support for Ukraine, Commission President Ursula von der Leyen said in Lugano. „And more will come,“ she announced. Economic Affairs Commissioner Valdis Dombrovskis reiterated the commitment to transfer €9 billion in liquidity assistance to Kyiv this year.

Ukraine: Where will the billions needed for reconstruction come from?

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