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EU Solidarity with Ukraine

Reconstruction of Ukraine

SERGEI SUPINSKY/AFP via Getty Images
Reconstruction of Ukraine

Building blocks for a recovery

Ongoing EU support

A major global financial effort will be required to rebuild Ukraine once the war is over. The EU is already contributing substantially to boost the country’s ongoing resilience, but more support will be needed in the medium to long-term: to re-establish the foundations of a free and prosperous country, anchored in European values and well integrated into the European and global economy and to support it on its European path.

Since the Russian aggression started, the EU and its Member States and the European financial institutions, as Team Europe, have significantly stepped up their support for Ukraine, providing:

  • over €19 billion to support its overall economic, social and financial resilience
  • an additional €3.1 billion in military assistance has also been made available under the European Peace Facility

While Russia's war of aggression continues, the overall needs for the reconstruction of Ukraine are not yet known. Nevertheless, it is important to design the main building blocks of this international effort already now. Estimations by the World Bank of the current cost of the reconstruction and recovery in Ukraine reach €349 billion until 1 June.

Preparing for the future

On 25 October, the European Commission and Germany, as the chair of the G7, co-hosted the International Expert Conference on the Recovery, Reconstruction and Modernisation of Ukraine in Berlin. The conference was another important step that demonstrated unwavering support from the EU and the international community to Ukraine in the face of Russia's unprovoked and unjustified war of aggression. It also highlighted that the Commission and the international community will continue to support Ukraine beyond its immediate needs, and on its path to EU accession.

President of the Commission Ursula von der Leyen stressed three elements that were key for a successful reconstruction of Ukraine:

Given the scale of the challenge at stake, the recovery efforts need to be an inclusive multi-stakeholder process, involving both public and private sectors, as well as international organisations. That is why the conference brought together world-renowned experts across various disciplines and backgrounds, as well as representatives from civil society and the private sector, together with the Ukrainian government. The conference recommendations will contribute to shaping global efforts on the way ahead for Ukraine's green, resilient, prosperous and democratic future.

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Support for Ukrainian schools

In her State of the Union address, President of the European Commission Ursula von der Leyen announced that €100 million will go towards the rehabilitation of damaged Ukrainian schools because the future of Ukraine begins in its schools.

In parallel, the Commission will work with Ukraine to ensure the country’s seamless access to the single market, empowering Ukraine to make the most of its potential, help accelerate growth and create opportunities.