The estimated cost to rebuild Ukraine's economy after Russia's invasion has risen to $524 billion, nearly three times its expected 2024 economic output, the World Bank, United Nations, European Commission and the Ukrainian government found.
Polish Prime Minister Donald Tusk attends a press conference with European Commission President Ursula von der Leyen, at the European Solidarity Center in Gdansk, Poland February 7, 2025. REUTERS/Lukasz Glowala/File Photo WARSAW (Reuters) - Europe needs its own plan for Ukraine and for its own security or its future will be decided by other powers,
European Commission President Ursula von der Leyen, left, greets U.S. Special Envoy for Ukraine and Russia Keith Kellogg prior to a meeting at EU headquarters in Brussels, Tuesday, Feb. 18,
Failure to secure a “just and lasting peace” for Ukraine would enfeeble not only Europe but also the United States, European Commission President Ursula von der Leyen warned Friday.
"Our shared objectives should be to put Ukraine in a position of strength. Ukraine and Europe must be part of any negotiations," a joint statement of seven countries and the European Commission said.
Foreign leaders, including European Commission President Ursula von der Leyen and Canadian Prime Minister Justin Trudeau, are in Ukraine today to mark three years since the Russian invasion. Their visit comes as Donald Trump has repeatedly attacked Ukraine’s President Volodymyr Zelensky as the U.
-Ukrainian President Volodymyr Zelenskyy, right, and European Commission President Ursula von der Leyen greet each other in Kyiv, Ukraine, Friday, Sept. 20, 2024. (AP Photo/Efrem Lukatsky, File)
Image: French President Emmanuel Macron, European Council President Antonio Costa and European Commission President Ursula von der Leyen react following a meeting with European leaders on Ukraine and European security at the Elysee Palace in Paris,
The $524bn estimate marks growing needs provoked by Russia’s bombardment of Ukrainian cities and infrastructure.