The Head of the European Commission, Ursula von der Leyen, announced the creation of a new fund for the reconstruction of Ukraine, the European Flagship Fund for the Reconstruction of Ukraine, and the possibility of attracting 10 billion euros in investments. She announced this at the plenary session of URC 2025 on Thursday in Rome, writes UNN.
I want to... add another 1 billion in support for Ukraine. I also want to announce payments of more than 3 billion euros within the Ukraine Facility. Guarantees, grants (which are being signed at the conference - ed.) - will allow us to open the way to 10 billion euros for the reconstruction and recovery of Ukraine.
She added that the EU plans to continue helping and supporting Ukraine "until 2028 and beyond, after the adoption of a new budget." She emphasized that investments in the private sector are very important, which is critical for reconstruction.
Addressing the President of Ukraine, the Head of the European Commission emphasized that she wants to announce the first global support fund for the renovation of Ukraine.
Today I want to announce the launch of this fund together with the private sector, which will enable investments in energy, in critical infrastructure. We are working together with Italy, Germany, Poland, and also with the EIB.
Von der Leyen also added that she is confident that other allies will also join this fund.