From Reuters, June 20:
- Russia shells western city of Lviv on eve of London conference
- World Bank estimates reconstruction needs above $400 bln
- EU budget depleted by multiple crises
BRUSSELS, June 20 (Reuters) - The European Union will provide Ukraine with 50 billion euros ($54.58 billion) in aid for 2024-27, the bloc's president said on Tuesday, ahead of a gathering in London to secure short-term financing and money to rebuild the nation from Russia's war.
Ukraine is seeking up to $40 billion for the first part of a "Green Marshall Plan" for reconstruction from the London conference starting on Wednesday. The World Bank estimates its needs at more than $400 billion over a decade, three times Ukraine's GDP.
European Commission President Ursula von der Leyen said the aim was to "provide predictable finance to Ukraine on its EU path, together with global partners and the private sector."...
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