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Nato secretary general urges allies:
The European Union promises 2.3 billion euros for the reconstruction of Ukraine – Nato secretary general urges allies
The European Union (EU) will mobilize 2.3 billion euros for the reconstruction of Ukraine. Nevertheless, by creating, among other measures, a special fund intended to also mobilize private capital, the European Commission said on Thursday.
“With 2.3 billion euros of signed agreements. Similarly, we aim to unlock up to 10 billion euros in investments to rebuild houses, reopen hospitals, relaunch businesses and secure energy”said its president, Ursula von der Leyen, quoted in a press release. The EU also plans to launch a “European flagship fund for the reconstruction of Ukraine”with 220 million euros. to attract private investments. It will be “The largest investment capital fund worldwide” To help kyiv, assured Mr.me Von der Leyen, in a speech nato secretary general urges allies in Rome during a conference on the reconstruction of Ukraine.
This fund. intended to relaunch energy or transport investments, aims to mobilize up to 500 million euros by next year, according to the European Commission. The envelope of 2.3 billion euros includes loan guarantees, for an amount of 1.8 billion euros and more than 500 million donations. The EU is “The main donor in Ukraine. with nearly 165 billion euros in aid already paid”since the invasion of the country by Russia in February 2022, said Mme From the Leyen.
nato secretary general urges allies — Nato secretary general urges allies: The European Union promises 2.3 billion euros for the reconstruction of Ukraine The European Union (EU) will mobilize 2.3 billion euros for the reconstruction of Ukraine, by creating, among other measures, a special fund intend.
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