Green light for investment: European Union launches reconstruction fund for Ukraine
Фото: Reuters
On Thursday, July 10, the European Fund for Global Support and Reconstruction of Ukraine began its work.
This was announced by European Commission President Ursula von der Leyen during her speech at the International Conference on the Reconstruction of Ukraine in Rome.
Von der Leyen announced the launch of the European Recovery Fund for Ukraine, which is the largest global equity fund to support recovery.
She added that the fund will create cooperation between the public and private sectors, which will ensure investments in Ukraine’s energy, transport, critical materials, and critical technologies.
The following have already joined the fund:
- Germany;
- Italy;
- Poland;
- European Investment Bank.
At the same time, von der Leyen expressed confidence that other EU countries will also join in the future.
“The time for investment in Ukraine is now,” the President of the European Commission emphasized.
It was previously reported that on July 10, the European Parliament voted against expressing a vote of no confidence in European Commission President Ursula von der Leyen .
As reported, European Commission President Ursula von der Leyen supported the start of negotiations on Ukraine’s accession to the EU .
It is worth noting that Polish Prime Minister Donald Tusk said that his country plans to capitalize on Ukraine’s post-war reconstruction .
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