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Ukraine needs US$524bn for recovery and reconstruction

Quotes

    • 88:88
      Marta Kos
      The assessment highlights the extraordinary damage Russia has inflicted on Ukraine,
      Gulf News
      EU Commissioner for Enlargement Marta Kos was quoted as saying
    • 88:88
      The total cost of reconstruction and recovery in Ukraine is $524 billion over the next decade,
      Gulf News
      said a statement published by Ukraine, the World Bank Group, the European Commission, and the United Nations
    • 88:88
      Denys Shmyhal
      In the past year, Ukraine’s recovery needs have continued to grow due to Russia’s ongoing attacks,
      The Independent
      Ukraine’s Prime Minister Denys Shmyhal said in a statement
    • 88:88
      Russia captured the spot as No 2 LNG exporter to Europe last year.”
      Daily Express
      He added
    • 88:88
      This would hurt the economies of these third-party countries,
      Newsweek
      he said
    • 88:88
      Oleg Vyugin
      For economic reasons, Russia is interested in negotiating a diplomatic end to the conflict,
      The Gazette
      Vyugin said
    • 88:88
      The Russians will be reluctant to stop spending on arms production overnight, afraid of causing a recession, and because they need to restore the army,
      The Gazette
      said Alexander Kolyandr, researcher at the Center for European Policy Analysis (CEPA).
    • 88:88
      At current lending rates, it is difficult for developments to launch new projects,
      The Gazette
      said Elena Bondarchuk, founder of warehouse developer Orientir
    • 88:88
      The United States has significant leverage in terms of the economy and it's why the Russians are happy to meet,
      The Gazette
      Chris Weafer, chief executive of Macro-Advisory Ltd, told Reuters
    • 88:88
      Purchasing Russian fossil fuels is, quite plainly, akin to sending financial aid to the Kremlin and enabling its invasion. [It’s] a practice that must stop immediately to secure not just Ukraine’s future, but also Europe’s energy security.”
      Guardian
      Vaibhav Raghunandan, an analyst at Crea and coauthor of the report, said
    • 88:88
      Many countries were more generous in past conflicts. Germany, for example, mobilised much more aid, more quickly for Kuwait’s liberation in 1990/91 than it has for Ukraine in a comparable time period.”
      Guardian
      He said
    • 88:88
      I believe this trend will continue into 2025,
      Daily Express
      Kyrylo Shevchenko told the Express