One of these days, a conference will be held in Switzerland, where Ukraine will present a plan for reconstruction after the war.
The European Union could provide most of the funds for Ukraine’s post-war reconstruction, allocating more than 500 billion euros, Bloomberg wrote on Sunday, July 3rd.
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According to the publication, at a donor conference in Lugano (Switzerland) this week, Ukraine will present a large-scale project for the reconstruction of the country, consisting of approximately 2,000 pages and containing an extensive list of projects in the field of infrastructure. and security, investments in the climate and digital economy, as well as diversified energy sources.
It is argued that the bulk of the total financial assistance will be covered by the European Union.
The European Commission is already investigating funding options, which include grants and loans.
Prime Minister of Ukraine Denys Shmygal and Speaker of Parliament Ruslan Stefanchuk have already left for the conference in Lugano. They were greeted by Swiss President Ignazio Cassis.
Earlier, the head of the European Investment Bank, Werner Hoyer, estimated the need for the restoration of Ukraine at one trillion euros.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.