Rome to Host Ukraine Recovery Conference as US Support Falters
UKRAINE, JUL 10 – The European Bank for Reconstruction and Development will provide up to $1 billion in loans to Ukrainian companies in key sectors, supporting energy projects and mineral development amid ongoing conflict.
- Prime Minister Petteri Orpo will attend the Ukraine Recovery Conference in Rome on July 10-11 as Finland’s official delegate, participating in the fourth gathering since Russia’s invasion in 2022.
- The conference aims to rally global support for Ukraine's recovery following Russia's war of aggression, with over 10 billion euros pledged for economic reconstruction.
- Officials emphasized the importance of establishing coordinated frameworks that connect community priorities with funding from national authorities and European Union sources, while also reinforcing local democratic processes and the active involvement of civil society to support a resilient and sustainable recovery.
- The EBRD announced a 900 million euro loan program to share credit risks with Ukrainian banks and plans to advance the digitization of geological data to encourage investment, having contributed more than 7.2 billion euros to Ukraine since 2022.
- The conference outcomes suggest a continued focus on empowering local actors, supporting civil defense coalitions, and enhancing energy sector resilience amid ongoing security challenges.
82 Articles
82 Articles
Rome Conference Pledges Billions for Ukraine's Recovery
A conference in Rome, attended by key political figures, has committed over 10 billion euros for Ukraine's recovery amidst ongoing conflict. Hosts Italy and Germany drew parallels with their post-WWII recovery, highlighting international pledges for economic support and a new export guarantee scheme to bolster trade.
The participants in the 4th international conference on post-war reconstruction of Ukraine pledged more than 10 billion euros to help Kiev.
10 bn euros of pledges at Ukraine Recovery Conference-Meloni
Premier Giorgia Meloni said "investing in Ukraine is an investment in ourselves" in her speech at the Ukraine Recovery Conference in Rome on Wednesday, adding that pledges worth over 10 billion euros had been made to the country's reconstruction. (ANSA)
Coverage Details
Bias Distribution
- 45% of the sources are Center
To view factuality data please Upgrade to Premium