Article author:
Reuters
Lugano — European Commission President Ursula von der Leyen has announced that the European Union will set up a reconstruction platform to coordinate the reconstruction of Ukraine after the war with Russia. The
platform will be used to map investment needs, coordinate actions and channel resources, Fonde Araien told the Ukraine Reconstruction Conference in Lugano, Switzerland.
"Since the beginning of the war, the European Union has mobilized about € 6.2 billion ($ 6.48 billion) of financial support," said Von der Leyen. "And ... more will come. We will work hard on medium- to long-term reconstruction."
This platform connects countries, institutions, the private sector and civil society. It also includes international organizations such as the European Bank for Reconstruction and Development and the European Investment Bank.
European Union's lending arm, the European Investment Bank, previously used during the COVID-19 pandemic to help rebuild Ukraine with an investment of up to € 100 billion ($ 104.3 billion). We are proposing a fundraising structure that has been made. Reported earlier on Monday.
“Through the reconstruction platform, the European Commission can provide a wide range of expertise in implementing programs that combine reform and investment,” said Von der Reyen.
"In addition, we have been working closely with Ukraine for a long time, and this work is further strengthened now that Ukraine is officially a candidate to join our coalition. "Maybe."
Europe has a special responsibility and strategic interest in being on the Ukrainian side, she added.
"The Kremlin's goal is the military, political and economic destruction of Ukraine," she said. "They want to undermine Ukraine's very existence as a nation. It can't and won't happen." ($ 1 = € 0.9570) (reported by John Revill, Silke) Edited by Koltrowitz)
