Brussels says hundreds of billions of euros are needed for the job The European Union is planning to provide most of the funds needed for Ukraine’s reconstruction, Bloomberg reported citing sources in the European Commission. According to the publication, the commission is working on a scheme which would support Ukraine on a long-term basis as the bloc expects to be responsible for providing the lion’s share of the funds for the country’s reconstruction. To do that, the EU plans to set up a solidarity trust fund. It will reportedly be based on the post-Covid-19 recovery fund for EU member states and help finance i
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