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

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EIB

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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