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Europe’s new Marshall Plan: making a bet on Ukraine

EU Confidential

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The Ukraine Recovery Conference

Ukraine has been upfront about the need to start reconstruction now, while the war is still going on. The figure for this is $411 billion according to the World Bank, UN and the European Commission in recent report. There is a big push to already give Ukraine the guarantees that Europe and other allies will be there and not to wait for the war to end. So you want to put money there to ensure that once the host is this end, hopefully soon, then the recovery will not be so costly.

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