Ukraine Gate- Kyiv – April 19, 2022- The European Union intends to help Ukraine in the reconstruction after the war, but has not yet decided the amount for this matter, it is expected that the support will reach hundreds of billions of euros, in which a solidarity trust fund will be established.
She also told Bloomberg that EU members had taken note of the need to pay the bulk of these costs, and the European Commission told diplomats about working on a tool that would focus on Ukraine’s long-term needs.
All investments and reforms will also be financed in agreement with the Ukrainian government, and at the same time, the newspaper indicates that it is not yet known how the loans will be distributed, and the sources confirmed that the President of the European Commission, Ursula von der Leyen, has not determined the amount yet because the war is still going on, and with So, the number will reach hundreds of billions of euros.
The issue of post-war reconstruction in Ukraine and possible war reparations is expected to take center stage in the coming weeks, as senior officials in Brussels and Washington plan to discuss all ways to financially support Kyiv and make sure the huge sums are used for their intended purpose.
Also, President of Ukraine Volodymyr Zelensky believes that the basis of the country’s development is not money, but people and ideas. For Ukrainians to be ready, a comprehensive plan is being developed that provides for the restoration of devastated cities, the modernization of state structures and the acceleration of development in Ukraine.
