Ukraine may need EUR 1tn to rebuild, other figures unrealistic, EIB head says

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Ukraine may need as much as EUR 1tn in assistance to repair the damages inflicted by russians, European Investment Bank chief Werner Hoyer was cited as saying by bloomberg.com.

When I saw the level of destruction in Ukraine, I’ve put the trillion out there, Hoyer said. I saw other figures that I consider completely unrealistic, he added.

According to him, Europe will have to play the biggest role.

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