The European Union will allocate € 2.3 billion for Ukraine rebuilding, creating, among other things, a special fund for mobilizing private funds, the European Commission said today. “With 2.3 billion euros in underlined agreements, we aim to release up to 10 billion euros in investment to rebuild houses, re -operation of hospitals, business recovery and energy securing,” said European Commission President The EU also provides for a “European Fund-to-rebuilding Fund for Ukraine”, with an initial capital of 220 million euros, to attract private investment. It will be “the largest investment fund worldwide,” von der Laien assured in her speech in Rome during the Ukrainian recovery conference. This fund, intended for investment in energy or transport, aspires to mobilize up to 500 million euros by next year, according to […]
Source: News Beast
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