Thu. Oct 10th, 2024

Ukraine will receive billions of euros for reconstruction

Ukraine, Reconstruction

In a show of solidarity and commitment Ukraine will receive billions of euros for reconstruction. Delegates representing businesses and numerous governments convened in London, pledging billions of euros to aid in Ukraine’s reconstruction.

Ukraine, reconstruction

Diplomats and corporate leaders from diverse nations gathered with a shared goal. They offer to mobilize resources for Ukraine’s recovery. The World Bank’s estimate of over €366 billion for long-term reconstruction. €12.8 billion for immediate aid, underscores the monumental task at hand, exacerbated by the toll of the 16-month conflict in Ukraine.

UK Prime Minister Rishi Sunak, addressing attendees, highlighted the destructive ambitions of the conflict’s instigators. Sunak underlined stressing the tangible economic and humanitarian challenges faced by Ukraine.
The urgency for action, not just promises, was echoed by the Ukrainian president via video conference, emphasizing the activation of solidarity within the EU and the moral support of NATO.

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